Claymark sale price revealed

Wed, 30 Sep 2020

The $59 million sale of wood processor Claymark will proceed today, despite a last-minute court bid by founder Mark Clayton to stop it. Justice Neil Campbell heard an interim injunction application from Clayton in the High Court at Auckland yesterday afternoon.However, receiver Neale Jackson of Calibre Partners today said the sale to a consortium led by Paul Pederson – for $59 million – will proceed.“Mr Clayton sought an injunction to stop us from settling the sale, and the judge has dismissed that application so we are...

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