NEW ZEALAND: PPCS extends takeover offer for Richmond
New Zealand meat processor PPCS has again extended its takeover offer for North Island rival Richmond. South Island-based PPCS has raised its offer by 6 cents to NZ$3.11 (US$1.72) per share, while the deadline has been extended beyond 28 March so that investors now have until 4 April to decide whether or not to accept the offer, reported the New Zealand Press Association.
South Island-based PPCS has raised its offer by 6 cents to NZ$3.11 (US$1.72) per share, while the deadline has been extended beyond 28 March so that investors now have until 4 April to decide whether or not to accept the offer, reported the New Zealand Press Association.
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