The S&P/NZX 50 closed at 13,454.78, down 31.54 points or 0.23%.
The co-op’s annual meeting is on Thursday in Christchurch.
Jarden analysts say it will level the playing field.
Valuation write-down of 65% based on “best judgement”, under active review.
The S&P/NZX 50 Index closed at 13,486.32, up 2.3 points or 0.02%.
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