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SCF trims Dairy Holdings’ asset value

South Canterbury Finance has trimmed the asset value of Allan Hubbard's Dairy Holdings by $32.7 million, despite an increase in production, according to notes in the latest prospectus.South Canterbury purchased a 33.59% stake in Dairy Holdings in June 200

Duncan Bridgeman
Thu, 22 Apr 2010

South Canterbury Finance has trimmed the asset value of Allan Hubbard’s Dairy Holdings by $32.7 million, despite an increase in production, according to notes in the latest prospectus.

South Canterbury purchased a 33.59% stake in Dairy Holdings in June 2009 for $76 million, valuing the corporate

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Duncan Bridgeman
Thu, 22 Apr 2010
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SCF trims Dairy Holdings’ asset value
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