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'...