New Zealand meat processor is backing a €135m investment by Dawn Meats over an offer submitted by rebel shareholders. Photograph: Eamonn Farrell/RollingNews.ie
New Zealand meat processor Alliance Group continues to back company Dawn Meats’ offer of up to NZ $275 million (about €135 million) for 65 per cent of its shares despite being presented with an alternative recapitalisation plan with new overseas backing.
A number of Alliance shareholders have engaged in a rearguard action over the past month to defeat the Irish meat group’s bi
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