Tegel Rumoured to be Considering Sale

by 5m Editor
20 August 2010, at 9:46am

NEW ZEALAND - There are rumours that the country's largest poultry company is considering a sale.

New Zealand's largest poultry producer, private equity-owned Tegel Foods, has appointed advisers to consider strategic options including a sale, a source told Reuters today, reports Stuff of New Zealand. Local media say could be worth more than A$600 million ($756 million).