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

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Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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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/f4043897-1ad8-4b6c-9879-b37d01370911/transcript

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