Elders rural woes extend to NZ subsidiary

Rural services company Elders may be forced to sell assets after its struggling Australian parent slashed its earnings forecasts due to low prices for farm supplies and subdued real estate activity.Adelaide-based Elders Limited last year advanced $63.6 mi

Duncan Bridgeman
Tue, 22 Jun 2010

Rural services company Elders may be forced to sell assets after its struggling Australian parent slashed its earnings forecasts due to low prices for farm supplies and subdued real estate activity.

Adelaide-based Elders Limited last year advanced $63.6 million to 50% New Zealand subsidiary Elders

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