6th October 2023 Blue Sky
Southland processing company Blue Sky Meats has seen its profit normalise after a record 2022, and is banking this year’s substantially lower surplus in order to undertake capital investment.
The chief executive of Southland meat processor Blue Sky Meats Jim Goodall is leaving the business after one year in the role.
Southland meat processor Blue Sky Foods has delisted from the Unlisted Stock Exchange as of 6 July 2022.
Blue Sky Meats intends to delist from the USX after the close of market trading on 5 July 2022.
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.
Blue Sky meats suitor Andrew Lowe is making a top up payment of close to $47,000 for shares he bought prior to launching a formal takeover offer for the Southland meat processor.
Southern Lamb Investment’s proposed takeover of Southland meat processor Blue Sky has backing from shareholders holding 59.27%
Southern Lamb Investment’s proposed takeover of Southland meat processor Blue Sky has backing from shareholders holding 56.79%.
Independent directors and advisers say Southern Lamb’s $3 offer price falls short of recognising the full value of the Southland meat processor.
Southern Lamb Investments’ takeover offer of Blue Sky Pastures has gone unconditional after receiving more than 50% share acceptances.
A $30m capex requirement and a desire for long-term sustainability are the motivations for Blue Sky Pastures investors Scott O’Donnell and Andrew Lowe to launch their takeover offer.
Lamb processing company Blue Sky Meats says it is potentially the target of a takeover.
Shipping issues, storage concerns and absenteeism created an “unusual” year for Blue Sky Pastures.
Atkins Ranch CEO Jim Goodall will take over from Todd Grave at the meat processor.
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