SFF votes for PGW offer

Silver Fern shareholders have voted to accept PGG Wrightson’s offer to take a 50% stake in their company.

The counting is still going on but they already have the 75% majority needed for the deal to go ahead.

Jamie McKay has just interviewed SFF chief executive Ketih Cooper about the vote on what happens next on The Farming Show. It will be on line here later.

[Update: TV3 reports on the result and what it means here.]

[U[date 2 – Rural Network reports more fully here.]

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