As we go to press, the board of Aurivo is meeting to discuss the next steps in the planned merger with Dale Farm.
Based on the feedback at the supplier meetings held last week, the board has to decide on whether or not it progresses to due diligence stage.
For Aurivo, this will involve an in-depth analysis of the Dale Farm business by engaging in legal, financial and technical experts to analyse the risks of a merger and vice versa for Dale Farm.
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Dale Farm shareholders will get an opportunity to hear about the proposals at a series of meetings, the first of which is scheduled for next week.
The Irish Farmers Journal understands that the results of the poll taken at the Aurivo meetings indicates that the majority of attendees said they needed more information before they will support the proposals.
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As we go to press, the board of Aurivo is meeting to discuss the next steps in the planned merger with Dale Farm.
Based on the feedback at the supplier meetings held last week, the board has to decide on whether or not it progresses to due diligence stage.
For Aurivo, this will involve an in-depth analysis of the Dale Farm business by engaging in legal, financial and technical experts to analyse the risks of a merger and vice versa for Dale Farm.
Dale Farm shareholders will get an opportunity to hear about the proposals at a series of meetings, the first of which is scheduled for next week.
The Irish Farmers Journal understands that the results of the poll taken at the Aurivo meetings indicates that the majority of attendees said they needed more information before they will support the proposals.
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