Chinese $85.7m bid for Canterbury farms

Chinese $85.7m bid for Canterbury farms

Chinese company Shanghai Pengxin Group has launched a takeover bid for Canterbury dairy farmer Synlait Farms, in association with two of Synlait"s founders.
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Canterbury Agricultural Park sales

Prime ewes rose prices rose $2 – $3 a head with heavy ewes making $105 – $120 at livestock sales at Canterbury Agricultural Park, in Christchurch, this week.
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Chinese $85.7m bid for Canterbury farms