Landcorp backs alternative Silver Fern plan
State owned farmer Landcorp says it supports an alternative recapitalisation plan for the giant meat company.
State owned farmer Landcorp says it supports an alternative recapitalisation plan for the giant meat company.
A group of Silver Fern Farms shareholders who oppose the company's proposed joint venture with Shanghai Maling Aquarius say their offer of a $90 million alternative capital raising proposal remains a live issue just days before the deal goes to the vote.
The Notice of Meeting and Independent Report for the acquisition of 50 per cent of Silver Fern Farms by Shanghai Maling are revealing.
Recapitalised meat processor's two chairmen hen Wei Ping and Rob Hewett will bring different values to Silver Fern Farms.
Alliance chairman Murray Taggart says any Silver Fern merger Farms risks making a "big beached whale" of the meat industry.
Steven Joyce doesn't want the Lochinver decision to cast a shadow over our relationship with China.
Chinese billlionaire's company brings in the lawyers over New Zealand's decision to veto an $88 million bid to buy Lochinver station.
A powerful Chinese politician says New Zealand is seen as attractive to foreign investors and it's a reputation we should value.
A business connection made over lunch has dished up an opportunity for Southland beef and lamb in the Chinese city of Xi'an.
If there is one thing Labour hates more than National getting credit for something, it is the Greens getting credit for something, writes Claire Trevett.
Chinese Vice-Premier directly asked Steven Joyce for the assurance on New Zealand investment policy in a 45 minute meeting in Beijing yesterday.
Regulatory niggles facing exporters and an upgrade to NZ's free trade agreement with China will be among the issues discussed at a trade forum in Beijing this week.
Prime Minister John Key says the decision to reject a bid by the Chinese-owned Pure 100 to buy Lochinver Station does not send mixed messages.
Ministers turn down bid by Chinese billionaire Jiang Zhaobai to buy the Lochinver Station.
Silver Fern Farms says $261m Chinese input will help meat processor forge ahead with a growth strategy.
Chinese investment in Silver Fern Farms would be a momentous event for New Zealand, says the former head of a meat industry lobby group.
New Zealand shares fell yesterday to their lowest level this year as offshore volatility weighed on sentiment again with markets across Asia weaker, with the exception of Australia.
Will a Kiwi white knight emerge to fully recapitalise Silver Fern Farms, or will Chinese interests emerge as 50-50 partners with a New Zealand consortium to take the company forward?
Ownership of at least 30 to 40 per cent of New Zealand's biggest meat processor, Silver Fern Farms, looks set to pass to Chinese interests in a $100-million deal, say sources.
Deal would increase dominance of New Zealand's biggest meat exporter but erode farmer control of the industry.
China's move doesn't have to spark rivalry, Japanese visitor tells Herald political editor Audrey Young.
New Zealand is likely to feel the impact of a slowdown in China, say economists.
Created in 2001, Fonterra was heralded as an "icon of economic transformation", a "breakthrough idea", "helping NZ catch the knowledge wave".
Breaking the mold of the London OE, a Wellington principal is encouraging students to see the opportunities in Asia.
Business editor Liam Dann looks at just how much of a concern the China market crash should be for us here in New Zealand.
China's biggest currency intervention for more than two decades has jolted financial markets out of their traditional August lull.
Far beyond the big cities, growth in China's west is creating business opportunities for New Zealand companies.
As China guides its currency lower, it heightens default risks on foreign- currency debt and increases the odds of capital flight, which would slam stock prices.