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LIC waits for dust to settle on failed acquisition

There was no back-up plan, says chair Murray King.

Reweti Kohere Thu, 09 Apr 2020

Farmer-owned agri-tech cooperative LIC will keep supporting shareholders through Covid-19, while keeping an eye on new technologies, after virus-spooked shareholders rejected a planned acquisition of leading Israeli agri-tech company Afimilk.

This week, 70% of shareholders voted against

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Reweti Kohere Thu, 09 Apr 2020
Contact the Writer: reweti@nbr.co.nz
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LIC waits for dust to settle on failed acquisition
General Business,
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