Comvita shareholders deliver the killer sting to Florenz deal

Comvita shareholders deliver the killer sting to Florenz deal
A shareholders meeting was held on Friday in Auckland. (Image: NZME)
Riley Kennedy
Comvita shareholders have officially killed off a deal to sell to Florenz, with support falling well short of the required threshold.Shareholders gathered on Friday for a special meeting on the deal, first announced back in August, but given how the votes had been cast in the run-up, it was largely “procedural in nature”.The final results were not announced until Monday, given the timing of Friday afternoon’s meeting.'Contingency planning'Ultimately, 54% of the votes cast supported the deal, falling short of the 75% th...

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