News

Outlook bleak for Allied Farmers

Monday 11th of April 2011

ALF says the receivers of the finance company, Allied Nationwide Finance (ANF), are reserving their position and considering their options.

Kerry Downey of McGrathNicol, ANF receiver along with partner Andrew Grenfell, wouldn't comment.

ALF managing director Rob Alloway says ANF's receivers could elect to put ALF into receivership but that isn't a cheap option, he says.

"Th...

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