Allied Farmers to pay $8.3m for management company buyout
Valuation follows exercise of call option for NZ Rural Land Co manager.
Chris Swasbrook, co-founder of NZ Rural Land Co and chair of Allied Farmers.
NZX-listed Allied Farmers will pay $8.3 million to buy out the other shareholders of NZ Rural Land Management and take full control over running investment company NZ Rural Land Co.
In a statement to the NZX, Allied Farmers said the sum was determined by a valuation from PwC under the terms of its
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