Spiers Finance sold to Allied Farmers for $5.6m (The New Zealand Herald)
Wed, 23 Jul 2008 10:45:25 PDT
Palmerston North-based Speirs Group is selling its finance arm to Allied Farmers for $5.6 million. Payment will include $3.1m cash and new shares in Allied Farmers to the value of $2.5m, leaving Speirs Group with about 8.85 per cent of Allied Farmers, the company said today.
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