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August 19, 2016
Abstract : Shareholders in New Zealand's biggest meat cooperative reaffirmed their support to sell a controlling stake to China's biggest meat processor on August 12.
WELLINGTON -- Shareholders in New Zealand's biggest meat cooperative reaffirmed their support to sell a controlling stake to China's biggest meat processor on August 12.
Shareholders of Silver Fern Farms held asecond vote on the 50-percent sell-down, including a casting vote, to Shanghai Maling Aquarius Co. Ltd. (Shanghai Maling) with 80.4 percent voting in favor ofthe deal.
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