NZ Merino CEO cashes in as questions linger over PGPs
New Agriculture Minister Damien O'Connor questions the value of some Primary Growth Partnerships.
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New Zealand Merino chief executive John Brakenridge has cashed in half his stake in the company at a price of $5.23 per share, according to the 2017 annual report.
The price was calculated on a set formula taking into account the company’s assessed earnings and enterprise value – putting it well
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Duncan Bridgeman
Fri, 03 Nov 2017
Fri, 03 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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NZ Merino CEO cashes in as questions linger over PGPs
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