Billionaire Foley wins OIO support for wine company merger
Georgina Bond Fri, 28 Sep 2012
US billionaire Bill Foley has won Overseas Investment Office approval to take control of New Zealand Wine Company.
His plans to merge his Foley Family Wines company with New Zealand Wine Company, through a backdoor listing on the NZAX, was approved by NZWC shareholders last month.
But
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