BiVar Seeks To Sell 74% Stake In Company
The company is working with Goldman Sachs to facilitate the sale of a 74% stake held by German-based BiVar. Chief Executive Gareth Edgecom stated that the sale process and the original turn effect are separate and largely coincidental.
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Sources · 7 independent
RNZ National
“the company says it's working with Goldman Sachs to help its majority shareholder German based BiVar sell its 74% stake in the company.”
RNZ National
“BiVar actually under pressure to raise capital back in its home market.”
RNZ National
“BiVar actually under pressure to raise capital back in its home market. And that's an indication that it's been in the water. So it's about this. He says TNG Global is its strategy is to shift its focus to higher margin fruit with higher intellectual property value.”
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