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Investment
2 mins to read

Allied Farmers to pay $8.3m for management company buyout

Valuation follows exercise of call option for NZ Rural Land Co manager.

Chris Swasbrook, co-founder of NZ Rural Land Co and chair of Allied Farmers.

NBR Staff Fri, 03 Mar 2023

NZX-listed Allied Farmers will pay $8.3 million to buy out the other shareholders of NZ Rural Land Management and take full control over running investment company NZ Rural Land Co.

In a statement to the NZX, Allied Farmers said the sum was determined by a valuation from PwC under the terms of its

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NBR Staff Fri, 03 Mar 2023
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Allied Farmers NZ Rural Land Co Chris Swasbrook Hanover Finance PwC
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Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
3

Frankfurt listing for NZ Rural Land Co
Investment

Allied Farmers seeks takeover of NZ Rural Land Management
Investment
4

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General Business
11

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Allied Farmers to pay $8.3m for management company buyout
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