Underwritten block trade of Ngāi Tahu Holding’s 9.6% stake in Sanford for NZ$64m
- Cameron Partners advised Ngāi Tahu Holdings on its $64m sale of a 9.6% stake in Sanford via an underwritten block trade at a price of $7.15 (a 3.6% discount to last close)
- Ngāi Tahu Holdings previously owned a 19.9% stake in Sanford and following the sale, continued to own a 10.3% stake
- Sanford is New Zealand’s largest and oldest listed seafood company and harvests, farms, processes and exports wildcatch, Greenshell mussels, salmon and other aquaculture products to markets across Asia, North America and Europe
