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Agria extends offer for PGG Wrightson

Thursday 31st March 2011

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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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