29 Sep 2010

Talley stake in AFFCo now 87%

6:20 pm on 29 September 2010

Talley's Group has lifted its stake in AFFCO.

The privately-owned food processing company, which offered 37 cents per share, has acceptances from investors giving it 87% of the company.

An appraisal report valued the shares at between 34c and 44.4c each.

Talley's takeover offer closes on 8 October.