Primary Sector

Binxi stays put as Blue Sky takeover goes unconditional

Rebecca Howard
Tue, 05 Apr 2022

Binxi stays put as Blue Sky takeover goes unconditional
Grass-fed lamb is on the menu in the Blue Sky takeover. (Image: Deposit Photos)
Rebecca Howard
Tue, 05 Apr 2022
Blue Sky Meat’s largest shareholder won’t sell to an undervalued offer from Southern Lamb Investments, which has all but sewn up control of the Invercargill meat company.Southern Lamb Investments – which was set up to take over the meat company and is associated with Blue Sky Meats chairman Scott O’Donnell and director Andrew Lowe – offered $3 per share to take control of the company in early March, more than twice the $1.30 price the shares last traded at on the Unlisted Exchange, but below an independent valuatio...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
Brian Gaynor: a 'titan' of NZ's capital markets
Jenny Ruth | Sat, 21 May 2022

Brian Roche remembers Brian Gaynor as "sorta scary and impressive at the same time – a real 'conscience' of what was right and fair." 

On the Money
On the Money: Brian Gaynor tributes, Damien Grant's slip-up, Marsden Point and more
Pattrick Smellie | Sat, 21 May 2022

OTM this week: Tributes to a legend of the NZ investment world, who forgot to BCC their who's who subscriber list, a slightly bemusing no smoking note at the Budget lockup and more. 

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.