Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Silver Fern Farms and Shanghai Maling say they are contining to work towards completion of the $261m investment and partnership.
Silver Fern Farms plans to upgrade its coldstore facilities at its Pareora site, in South Canterbury, and close its leased Canterbury Coldstore.
Silver Fern Farm's 6000 farmer shareholders could be in the gun for millions of dollars in penalty payments and costs if the company's proposed merger is not settled by June 30.
The humble hotpot has been the catalyst for phenomenal growth of the red meat market in China, Silver Fern Farms (SFF) chief executive Dean Hamilton says.
Shanghai Maling's investment of $360m into Silver Fern Farms in return for 50% ownership is a game changer into a complex market, says SFF chief executive Dean Hamilton.
The new 50% owners of South island meat processor Silver Fern Farms were last week due to give their blessing to their joint venture deal.
OPINION: The new government has clearly signalled big cuts across the public service.
OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…