Agria executive flight no threat to PGG Wrightson investment

Agria executive flight no threat to PGG Wrightson investment
By Paul McBeth Oct. 12 (BusinessDesk) - The exit of Chinese agriculture firm Agria Corp's top two executives isn't expected to impact on its majority stake in New Zealand rural services firm PGG Wrightson. Agria is "fully committed to its investment in PGG Wrightson" after chief executive Xie Tao and chief financial officer John Layburn both resigned on Oct. 9, effective yesterday, a company spokesman told BusinessDesk in an emailed statement. "We do not anticipate any impact on PGG Wrightson as this is an Agria-specific development," he s...