George Adams: Synlait Board Chair on Bright Dairy's plans to increase ownership of Synlait

The Mike Hosking Breakfast

A tartalmat a NZME and Newstalk ZB biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a NZME and Newstalk ZB vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

2M ago 4:18

MP3•Epizód kép

The largest investor of struggling Canterbury milk processor, Synlait, will increase its ownership if its planned equity raise gets approval.

China's Bright Dairy's committing to pay 60 cents per share for $185 million of stock to lift its stake of the company to 65.3%.

Board chair George Adams says it's critical for Synlait's future - after it told the Australian securities exchange more than half of its 280 suppliers want to leave in June.

Adams told Mike Hosking the farmers' cessation notices were a message to the business as they take two years to take effect.

He says he's thrilled for their group of loyal farmers.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

5904 epizódok

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News