Investors told they could lose everything as cherry venture sours
Sale to Auckland businessmen on the cards as Cherri Global struggles to pay its debts.
Cherri Global owns 10 cherry orchards in Central Otago and Hawke’s Bay.
Investors who poured millions into the latest venture by the founder of Rockit mini-apples look set to lose their money, just three years after the company was touted as a potential candidate for an IPO.
Hawke’s Bay businessman Phil Alison sold his half-share in Rockit Apples in 2017 and went on
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