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New Zealand tannery weighs up China’s Silver Fern Farms buyout

16/09/2015

A New Zealand-based tannery is “keeping a close eye” on a potential buyout of its main supplier, Silver Fern Farms, by a Chinese food conglomerate. The board of the country’s largest processor of lamb, beef, venison has unanimously recommended the deal in which Shanghai Maling would invest $261 million in cash to own half of Silver Fern Farms'...

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