Seeka Limited (NZX:SEK) has today completed its due diligence and received unanimous board approval for the proposed amalgamation of New Zealand Fruits Limited (NZ Fruits).
The transaction, announced on 10 December 2021, is still subject to conditions, including approval from at least 75% of NZ Fruits' shareholders and any required regulatory approvals.
Seeka Chair Fred Hutchings and NZ Fruits Chair Trevor Lupton both expressed their confidence in the transaction and the future of a combined business in the region.
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