Swiss-based Nestlé Health Science will take full control of a New Zealand manufacturer of honey and health supplements, subject to overseas investment office approval.
Agriculture minister Damien O’Connor has acknowledged the fund investors may feel “unfairly prejudiced” and failure to buy them out could hurt NZ’s investment climate.
Seeka is benchmarking intensity-based performance indicators to capture efficiency gains as the business grows.
Three Pelorus Sound fish farms will be "fallowed" while King Salmon grapples with high rates of fish death caused by persistently high summer water temperatures.
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