News

Dominion's Tri-City offer allowed to proceed

Tuesday 23rd of December 2003
Despite stuffing up its offer Dominion Funds is being allowed to go ahead with its takeover of the $25million Tri City property syndicate.

Tri City was established in 1999 by Farmers Mutual Group (FMG) to own a number of supermarkets throughout New Zealand which have Big Fresh/Woolworths as the anchor tenant.

FMG recently sold its 58% stake in the syndicate to Dominion after the units were...

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