Sugar in the lines: Pressure mounting on Marlborough Lines over Yealands deal - News Summed Up

Sugar in the lines: Pressure mounting on Marlborough Lines over Yealands deal


Peter Yealands (Founder of Yealands Wine Group) and Ken Forrest (Managing Director of Marlborough Lines) announce a sale of 80pc of the Marlborough based Winery Group to the Marlborough Lines Company. In early 2019 Wigley's firm began publishing advertisements in the Marlborough Express, calling for those with concerns about Marlborough Lines to come forward. In an interview with Stuff, he said his clients are motivated by extracting good value from Marlborough Lines. Marlborough Lines has no debt and has a proven track record of investing and getting that money back into the community." Months before the deal with Marlborough Lines was announced, Shewan discussed the possibility of Yealands raising capital.


Source: Stuff April 13, 2019 18:24 UTC



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