'Dangerous game' to stare down banking syndicate, warns Silver Fern chairman Hewett, as shareholder vote looms

Jonathan Underhill
Sun, 11 Oct 2015

By Jonathan Underhill Oct. 12 (BusinessDesk) - Silver Fern Farms chairman Rob Hewett says the company's banking syndicate has become tired of its relationship and it would be "a dangerous game" to test lender support in the event farmer-shareholders don't support selling a half stake to Shanghai Maling Aquarius this week. Hewitt was responding to calls from shareholders opposed to the deal to look at alternative funding, which could keep New Zealand's biggest meat company in local hands. The cooperative that now owns SFF would be showered...

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