"Absolutely thrilled to bits" was the reaction from Southland farmer Mark Thomson after learning he and his wife, Elspeth, were the winners of this year’s Otago Daily Times-Rural Life Rural...
Ingka Investments recently invited business editor Sally Rae to view its operations in South Otago, where its foray into forestry in New Zealand began.
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