Zespri global sales top $5 billion for 2024–25 season amid strong demand
Zespri says global sales for the 2024-25 season topped $5 billion on the back of strong demand and market returns.
The stalled merger proposal between EastPack and Satara is now back on the table after the Satara Board of Directors unanimously agreed to ask their shareholders in one of the special interest groups for a second vote.
This follows that sector group narrowly voting the merger down last Friday by 0.2% below the required 75% threshold.
Overall, 85% of Satara shareholders who voted were in favour of the proposed merger, while 97% of the EastPack shareholders voted for the merger.
Chairmen of the two companies, Ray Sharp and Hendrik Pieters said that the most pleasing aspect is that the whole Satara Board now supports the merger whereas three directors were previously opposed.
The meeting date of the new vote is March 14 but only for Special Interest Group 2. The EastPack and the four other Satara interest groups won't be required to vote again as they've already indicated overwhelming support for the merger.
Relationships are key to opening new trading opportunities and dealing with some of the rules that countries impose that impede the free flow of trade.
Dawn Meats chief executive Niall Browne says their joint venture with Alliance Group will create “a dynamic industry competitor”.
Tributes have flowed following the death of former Prime Minister and political and business leader, Jim Bolger. He was 90.
A drop in methane targets announced by the Government this month has pleased farmers but there are concerns that without cross-party support, the targets would change once a Labour-led Government is voted into office.
Farmer shareholders of meat processor Alliance have voted in favour of a proposed $270 million joint venture investment by Irish company, Dawn Meats.
The former chair of the Bay of Plenty Regional Council and farmer, Doug Leeder, says rural communities' biggest fear right now is the lack of long-term certainty over environmental regulations.
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