$434M sale of Wrightson's seeds fair to minorities

$434M sale of Wrightson's seeds fair to minorities
Paul McBeth
By Paul McBeth Oct. 12 (BusinessDesk) - Danish cooperative DLF Seeds' $434 million cash and debt bid to buy PGG Wrightson's seeds unit is fair to minority shareholders, independent advisor KordaMentha says.  Wrightson's 12,059 shareholders will vote on the deal at a combined annual and special meeting on Oct. 30 in Christchurch. The transaction needs 75 percent support to go ahead, meaning controlling shareholder Agria can't force it through. While Agria hasn't given an irrevocable undertaking to vote in favour, independent adviser Kor...