Alliance Group seeks $150m capital boost amid volatile markets
Facing market volatility, Alliance Group asks farmers for capital infusion to reduce debt reliance and bolster its balance sheet.
The group overestimated the market price of stock and the commodity meat market’s prices decreased substantially.
Farmer-owned red meat co-operative Alliance Group is looking to raise between $100 million and $150m in capital over the next two to three years.
Aiming to get back in the black, Alliance is asking its farmer shareholders to increase their equity and reduce the group’s reliance on lent funds.
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
NZ Aviation News
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Aviation News - Monthly
NZ$14.95 / monthly
Already have an account? Login
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
