Ngāi Tahu says Sanford an attractive opportunity

Ngāi Tahu says Sanford an attractive opportunity
CEO of Ngāi Tahu Holdings Mike Pohio (Image: Supplied)
Rebecca Howard
Ngāi Tahu Holdings sees Sanford as an “attractive buying opportunity in a company with a strong national presence and broad global reach,” said Ngāi Tahu Holdings chief executive Mike Pohio.“We have confidence in the long-term outlook for the sector, underpinned by global demand for protein and a leading quota management system,” Pohio told BusinessDesk. Shares in the company jumped on heavy volume after Sanford said Ngāi Tahu was looking to up its stake in the fishing company at a hefty premium. “Sanford...

More Primary Sector

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Pattrick Smellie 19 Apr 2024
Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Riley Kennedy 19 Apr 2024
Progress takes more than Groundhog Day rhetoric
Primary Sector

Julia Jones: Progress takes more than Groundhog Day rhetoric

There seems to be a noticeable lack of innovation in NZ's red meat export industry.

Julia Jones 19 Apr 2024
Tough season for Terra Vitae Vineyards
Primary Sector

Tough season for Terra Vitae Vineyards

The yield from this year's harvest was 20% below the budgeted amount.

Rebecca Howard 19 Apr 2024