Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Seeka Completes Orangewood Amalgamation

Te Puke, 23 November 2021: Seeka Limited [NZX:SEK] advises that the amalgamation with Orangewood Limited [“Orangewood”] has been successfully completed subject only to issue by the Companies Office of the Certificate of Amalgamation, following which Orangewood will be a wholly owned subsidiary of Seeka and Orangewood shareholders will all become shareholders in Seeka.

All conditions of the $6.9m transaction have been satisfied.

Seeka will issue 639,302 new shares and pay $1,301,737 to Orangewood shareholders, and assume $2.15m of Orangewood debt.

Seeka now moves into an integration phase to align the business processes of Orangewood with Seeka and to set the combined Northland business for a successful 2022 harvest season.

Seeka thanks the advisers and due diligence teams on behalf of both companies on the successful completion of this transaction.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.