PGG Wrightson

Vibrant times for PGG-Wrightson

Vibrant times for PGG-Wrightson Rural services company PGG-Wrightson is currently moving in several directions at once. Business reporter Simon Hartley looks at the implications.

PGG-W moves on Wool partners

A revived entity to represent strong-wool farmers across the country has been announced by listed rural services company PGG-Wrightson, following an unsuccessful bid to set up a competing co-operative.

Bid to create new wool farmers' co-operative

Bid to create new wool farmers' co-operative

PGG Wrightson will support wool growers in putting together another capital-raising bid to form a new marketing co-operative, George Gould said in an interview with the ODT at the Upper Clutha A and P Show on Friday.

PGGW takeover party withdraws

Shareholders look likely to miss out on a financial windfall now there is little chance of a bidding war for rural servicing company PGG Wrightson.

PGGW accounts hit by slow start,one-off items

PGG Wrightson's half-year accounts have taken a hit from a slow start to the financial year and the effect of several one-off items.

Company directors recommend wait before acceptance

Company directors recommend wait before acceptance

Independent PGG Wrightson directors have recommended shareholders accept a partial takeover of the listed rural servicing company by cornerstone shareholder Agria (Singapore), but said they should wait until nearer to April's offer deadline before deciding.

Counter bid made for PGGW

A surprise takeover bid yesterday for rural servicing company PGG Wrightson has breathed life into the poor-performing stock and should reward long-suffering shareholders.

Red-meat programme open to all

The partners in a new plate-to-pasture red-meat programme say it is open to all animal breeds, even though they have financial links to Rissington and Kelso sheep and cattle genetics.

PGG Wrightson result in line with expectations

A focus on cash flow and debt reduction may have transformed PGG Wrightson's accounts for the financial year, but continued global economic uncertainty has prompted management to take a conservative outlook.

Stronger balance sheet expected from PGG-W

Listed rural services company PGG Wrightson is expected to show signs it has emerged from a difficult couple of years when it announces its annual result today.

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