Fisher Funds to Accept Increased Offer for Wrightson

Fisher Funds advises it intends to accept Rural Portfolio Investments (RPI) partial takeover offer for shares in Wrightson Ltd.

"We think RPI's offer of $1.65 per share is fair and represents an acceptable premium to recent share price levels" said Fisher Funds Managing Director, Carmel Fisher.

"We have enjoyed being a Wrightson shareholder for more than two years, but have decided to accept the offer now that the offer price is close to our valuation target for Wrightson shares."