Dawn’s NZ$250 million (€123 million) offer for 65 per cent of the co-operative included a price adjustment mechanism should Alliance’s earnings before interest and tax exceed NZ$77.2 million for the year to the end of September

Waterford-based Dawn Meats looks set to have to pay up to 25 million New Zealand dollars (€12.3 million) more to gain a controlling stake in Alliance Group after the New Zealand meat processor signalled it will beat profit targets.

Dawn’s NZ$250 million offer for 65 per cent of the co-operative included a price adjustment mechanism should Alliance’s e

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