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Murray Flett

NZFSU cuts more ties with PGG Wrightson

NZFSU cuts more ties with PGG Wrightson
Wellington, Oct 14 NZPA - New Zealand Farming Systems Uruguay Ltd (NZFSU), the dairy farm developer now majority owned by Singapore's Olam International Ltd, is cutting more ties with former shareholder PGG Wrightson Ltd.

Norgate Says Silver Fern Deal Can't Be Done In `Acceptable' Time

Norgate Says Silver Fern Deal Can't Be Done In `Acceptable' Time
Wellington, Oct 30 NZPA - PGG Wrightson chairman Craig Norgate says the company is unlikely to be able to get its proposed partnership with Silver Fern Farms back on track within an acceptable timeframe.

Global Crisis Aborts Wrightson Bid To Rationalise Meat Industry

Wellington, Oct 1 NZPA - Farmers' great white hope for the rationalisation of the meat industry, Craig Norgate, has had his plans left in limbo due to the global financial turmoil.

Parties To Buy Back Farming Systems Shares To Avoid Reservations

Wellington, Sept 29 NZPA - Parties that sold 14 million NZ Farming Systems Uruguay (NZS) shares to a PGG Wrightson subsidiary agreed today to buy back the shares.

PGG Wrightson Related Party Transaction Goes To Shareholders

Wellington, Sept 26 NZPA - About a fifth of PGG Wrightson Ltd's $78.1m capital raising was taken up related party interests who raised the money by selling assets to PGG Wrightson.