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Midday Report for Tuesday 15 September 2015
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Midday News for 15 September 2015
12:00 PM.Chinese firm to buy half of Silver Fern Farms and the Prime Minister congratulates Malcolm Turnbull. Audio
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SFF says Chinese investment plan has backing of banks
12:17 PM.The debt-laden meat processor, Silver Fern Farms says a proposed deal with China's biggest meat producer has the backing of its banks. Audio
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So who is Shanghai Maling ?
12:18 PM.It's one of four main subsidiaries of the Chinese based state-owned multinational food manufacturer Bright Food, known in New Zealand for its 39 percent stake in dairy company Synlait Milk. Audio
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Alliance Group says it made an unsuccessful offer
12:20 PM.Meanwhile, the country's other large meat processor Alliance Group says it made an unsuccessful offer to invest in Silver Fern Farms as part of a broader industry rationalisation. Audio
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Motor Trade Finances issues caution about Turners' offer
12:20 PM.Motor Trade Finances is cautioning its shareholders to carefully consider Turners' offer to buy up to 20 percent of the company. Audio
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Michael Hill says sales picking up in Australia
12:20 PM.Michael Hill - designer. It's not a new advertising slogan. Sir Michael, who'll step down as chair of Michael Hill International in November, says his personally designed bridal collection has taken… Read more Audio
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Midday Markets for 15 September 2015
12:23 PM.For the latest from the markets we're joined by James Malden at Macquarie Private Wealth. Audio
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Midday Sports News for 15 September 2015
12:26 PM.The former All Black Sir John Kirwan says coach Steve Hansen has a well balanced side at the World Cup with the right wing seemingly the only position up for grabs. Audio
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