Silver Fern to miss deadline for Shanghai Maling sale, insists deal still on

Sun, 26 Jun 2016

By Jonathan Underhill June 26 (BusinessDesk) - Silver Fern Farms will miss the June 30 deadline to satisfy conditions of the sale of a controlling stake in the country's largest meat processor to China's Shanghai Maling Aquarius but insists the deal hasn't been derailed. The Dunedin-based meat company has also postponed a special meeting scheduled for July 11 for a second vote on the sale, which was requested by a group of dissident shareholders. It didn't give a new date for the meeting, saying it needed more time to supply information r...

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