Decision lies with farmers, says English
The future ownership of New Zealand's biggest meat processor, Silver Fern Farms, is a matter for its farmer shareholders to determine, says Finance Minister Bill English.
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Latest fromSilver Fern Farms Ltd
Bright Food tipped as Silver Fern bidder
China government backed Bright Food is understood to be the party in talks to take a stake in Silver Fern Farms.
More than China option in SF play
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?
Chinese want 50pc of Silver Fern Farms
Deal would increase dominance of New Zealand's biggest meat exporter but erode farmer control of the industry.
Meat marketing focus reaping rewards
Concentrating on marketing its cuts rather than processing them is paying dividends for a niche meat exporter.
Silver Fern Farms in new capital raising
Silver Fern Farms, NZ's biggest meat processor says it is considering raising $100m in fresh capital.
Merger risks to be aired at meeting
Disgruntled Alliance Group shareholders have gathered sufficient support to force a special meeting to discuss the potential benefits and risks of a merger with fellow co-operative Silver Fern....
Silver Fern urged to look at reform
Silver Fern has enlisted the services of investment bank Goldman Sachs to advise it on possible equity raising options as it seeks to reduce debt.
Farmers unhappy with Silver Fern Farms
Silver Fern shareholders are seeking to force a special meeting to discuss the benefits of a merger with Alliance Group.
Silver Fern Farms turns to pretax profit
The Dunedin-based meat company expects pretax earnings of $5m to $7m in the year ended Sept. 30 following losses the previous two years.
Meat deal too tough to swallow
New Zealand meat companies abandoned efforts to consolidate and reduce surplus capacity last year because they lacked an agreed export strategy.