13th May 2022 By Staff Reporter | email@example.com | @foodtickernz
Southern Lamb Investments has closed its full takeover offer of Blue Sky Meats Limited, with acceptances received for 74.87% of the meat processor’s shares.
Once all acceptances have been processed and the offer price paid to shareholders, Blue Sky shares will be held as follows:
– Southern Lamb Investments Limited: 74.87%
– NZ Binxi (Oamaru) Foods Limited: 19.84%
– 72 other shareholders: 5.29%
Southern Lamb, led by two existing Blue Sky investors, made a full takeover offer on 18 March 2022 for all of the shares in the company for $3 a share.
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