Silver Fern on collision course with dissident shareholders as OIO process stalls

Sun, 19 Jun 2016

By Pattrick Smellie and Tina Morrison June 20 (BusinessDesk) - Time is running out for the proposed tie-up between Silver Fern Farms and a major Chinese investor as a June 30 deadline looms with no recent work on the application by the Overseas Investment Office and a July 11 special meeting called by dissident shareholders looming. The tie-up between the country's largest meat processor and China's Shanghai Maling Aquarius has a deadline of June 30 and requires an OIO recommendation and ministerial approval before it can proceed. How...

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