Agria extends offer for PGG Wrightson

Agria (Singapore) has extended its partial takeover offer for New Zealand agricultural services firm PGG Wrightson.

The Chinese company was trying to buy an additional 38.3% of shares to give it 50.01% of the company. In a notice of variation, Agria said the offer is extended to April 23 from April 15.

It had a 41.1% holding in a substantial security holder notice filed on March 18.

NZPA

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