Super Fund buys four Yealands vineyards for just under $34m
Yealands Group CEO says the sale has nothing to do with being unable to pay dividend this year.
Yealands Wines has sold about 10% of its vineyards to the New Zealand Super Fund for just under $34 million, but says it is not at all a ‘firesale’ after a year in which it was unable to pay a dividend to parent company Marlborough Lines.
“Not at all – it is not that sort of
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