Alliance Group chair’s final plea to shareholders over Dawn Meats: ‘We need the cash’

Alliance Group chair’s final plea to shareholders over Dawn Meats: ‘We need the cash’
Alliance Group chair Mark Wynne. (Image: Supplied)
Riley Kennedy
It is now a case of wait and see for the Alliance Group deal to sell a 65% stake to Ireland’s Dawn Meats.All that can be said has been said, and all the votes have been cast.Two months after the deal was announced, and 18 months since it kicked off a capital raise, a special meeting on the deal was held in Invercargill on Monday.Before the meeting, 90 million shares on issue, equating to 86% of the register, had voted.The outcome is expected to be announced on Tuesday morning.'A need at speed'The $270m transaction, if approved, wi...

More Primary Sector

Milk surge shields Pāmu from farmgate milk price drop
Primary Sector

Milk surge shields Pāmu from farmgate milk price drop

The SOE appears before MPs this week as part of Parliament’s scrutiny week.

Synlait’s best move? Not getting rid of Dairyworks
Opinion Stock & Trade

Stock & Trade: Synlait’s best move? Not getting rid of Dairyworks

Consumer dairy goods business almost went in a Synlait fire sale.

Stock & Trade 28 Nov 2025
Pāmu upgrades profit guidance
Primary Sector

Pāmu upgrades profit guidance

That's despite this week's milk price cut.

Riley Kennedy 27 Nov 2025
Critical minerals miner plans 2026 NZX listing
Primary Sector

Critical minerals miner plans 2026 NZX listing

The company plans to raise $20m from retail investors in mid-2026.

Pattrick Smellie 26 Nov 2025