An 11th-hour plea has been made to Alliance Group farmer shareholders to vote against selling 65% of their co-operative to Irish meat company Dawn Meats.
Dawn Meats Group has upped its offer for a stake in Alliance Group by up to $25 million on the back of the co-operative’s stronger-than-forecast year-end results.
An alternative proposal to retain 100% farmer ownership of Alliance Group is not credible in the timeframe set by the company’s banking partners, chairman Mark Wynne says.
A group of Southland-based Alliance Group shareholders say the $250 million offer by an Irish meat company for a 65% stake in the co-operative appears to significantly undervalue the business
A group of Southland-based Alliance Group shareholders say the $250 million offer by an Irish meat company for a 65% stake in the co-operative appears to significantly undervalue the business.
"You get what you put in." That's been the philosophy of Dunedin business leader Neil Finn-House, who leaves the city this week for a new role in Wellington.
An alternative proposal to retain 100% farmer ownership of Alliance Group is not credible in the time-frame set by the company’s banking partners, chairman Mark Wynne says.
A group of Southland-based Alliance Group shareholders say the $250m offer by an Irish meat company for a 65% stake in the co-operative appears to significantly undervalue the business.