Completion of the acquisition is expected to take place near the end of January 2016, subject to satisfaction of a number of standard vendor associated conditions precedent such as obtaining consents from landlords and certain key customers.
CDC has a very experienced management team - with more than 100 years combined dairy industry experience - led by CEO Peter Skene and General Manager Chris Melville who have renewed employment contracts as part of the acquisition. The CDC management team will continue to operate and manage CDC post the completion of the acquisition
AHF Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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