Alliance has reached a $270million deal with Dawn Meats. 

2,600 farmer-shareholders voted 87% in favour of selling 65% of the company arm to the Irish-backed company. 

The new investment is expected to strengthen Alliance’s balance sheet, pay down debt and enable greater capital growth.  

Spokesperson for Alliance shareholders Jeff Grant told Mike Hosking that ‘The company was forced into a position of having to find new equity.’ 

LISTEN ABOVE

Alliance has reached a $270million deal with Dawn Meats.&nbsp;
2,600 farmer-shareholders voted 87% in favour of selling 65% of the company arm to the Irish-backed company.&nbsp;
The new investment is expected to strengthen Alliance’s balance sheet, pay down debt and enable greater capital growth. &nbsp;
Spokesperson for Alliance shareholders Jeff Grant told Mike Hosking that ‘The company was forced into a position of having to find new equity.’&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Jeff Grant: Spokesperson for Alliance shareholders discusses deal with Irish-backed Dawn Meats.

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4abb6e1d-ce46-4115-942b-b37d01370aa3/transcript