Inghams says sale process continuing, yet to reach agreement with buyer

Tue, 08 Jan 2013

By Jonathan Underhill Jan. 9 (BusinessDesk) – Inghams Enterprises has yet to find a buyer for Australasia’s biggest chicken producer, which owner Bob Ingham put up for sale last July with a price tag reportedly of A$1.4 billion. “We’ve not agreed to sell the business or got an agreed buyer,” Paddy Watts, Inghams financial controller, told BusinessDesk. “We were hoping to have it done by now but it has not got to that stage yet.” “There’s people interested in it,” he said. “The business will be sold” though it isn’t going to happen this week....

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