Main takeaway: A range of companies are interested in buying into T&G, but the company is still waiting on a divestment process and timeline from its parent company.
The planned sale of German multinational BayWa's 74% stake in listed horticulture company T&G Global (T&G) has attracted interest from within New Zealand and overseas, chief executive Gareth Edgecombe says.
In December last year, BayWa reported plans to undertake a ‘transformation’ as a way to
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Key points
Revenue: $920.6 million up from $820.1m.
Profit: $1.7m, compared with a loss of $18.6m.
Main takeaway: A range of companies are interested in buying into T&G, but the company is still waiting on a divestment process and timeline from its parent company.
