What Allied Farmers could do with $7m, Rua needs cash, Move accelerates the blueprint to the horizon, and more

Allied Farmers chair Shelley Ruha and Me Today chair Grant Baker. (Image: NZME/Jacques Steenkamp)

Fri, 24 Oct 2025

What Allied Farmers could do with $7mRural investor Allied Farmers is seeking shareholder support to sell off its 67.8% stake in NZ Farmers Livestock. The conditional deal, if approved by shareholders on Nov 6, would net the NZX-listed firm about $7 million cash, its slice of the about $10.5m sale price. Allied Farmers is seeking an exit on the back of an improved performance from the livestock business over the past few years. Get up to date fast. Join BusinessDesk's WhatsApp channel.“This has provided an optimal oppor...

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