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China's Bright Foods named as Silver Fern bidder

Underwritten rights issue said to be an option as board mulls recommendation.
 
NBR reporter Tim Hunter talks about Silver Fern Farms on NBR Radio and on demand on MyNBR Radio.

Tim Hunter
Mon, 07 Sep 2015

Dunedin-based meat co-operative Silver Fern Farms is believed to be mulling an underwritten rights issue alongside negotiations with China’s state-owned Bright Foods for a 50% stake.

Silver Fern chairman Rob Hewett declined to confirm any details of the talks but said an announcement is

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Tim Hunter
Mon, 07 Sep 2015
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China's Bright Foods named as Silver Fern bidder
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