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Primary Industries
2 mins to read

Cushings bump up offer for Rural Equities

Takeover sweetened to ‘not shove a lemon down minority shareholders’ throats’.

H&G directors Sir Selwyn (left) and David Cushing.

Tim Hunter Wed, 15 Jan 2025

The Cushing family’s investment company, H&G Ltd, has increased its takeover offer for farm investment company Rural Equities for a second time after tweaking its structure to satisfy the Takeovers Panel.

The new price of $6.65 a share was announced just before Christmas, up from previous offers

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Tim Hunter Wed, 15 Jan 2025
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Rural Equities David Cushing H&G takeover Takeovers Panel takeovers code Rodger Finlay Unlisted Northington Partners

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