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

Sauvignon blanc oversupply bites Marlborough growers
Primary Sector

Sauvignon blanc oversupply bites Marlborough growers

The wine industry has been under pressure for some time.

EPA’s Allan Freeth sets record straight
Primary Sector

EPA’s Allan Freeth sets record straight

Resignation news a simple case of "bad timing", says environment watchdog CEO.

Pattrick Smellie 07 Nov 2025
War on Nature v Going for Growth
Opinion

Pattrick Smellie: War on Nature v Going for Growth

Some big environmental eggs were broken this week to 'go for growth'.

Pattrick Smellie 07 Nov 2025
Rare Returns: Exporting NZ red meat smarter, not harder
Primary Sector Rare Returns

Rare Returns: Exporting NZ red meat smarter, not harder

Is it time to take The Lamb Company model elsewhere?

Riley Kennedy 07 Nov 2025