Crafar lender gets payback after sale to Chinese more than 3 years after receiver KordaMentha called in; Receiver's fees to April nudging NZ$7.3 mln with lenders owed NZ$274 mln
NZF Money loan book 'significantly overvalued' with a 'significant level' of unrealised bad debts, receivers say; Debenture holders to get back 25% to 42%
Crafar farms receiver rejects Michael Fay-led offer for the 16 dairy farms; 'Pengxin offer the best, waiting for OIO decision'; PM not concerned about Pengxin's 5 mth wait
Fay argues for local ownership as his consortium lifts Crafar Farms bid to NZ$171.5 mln , but receivers say they're sticking with higher Pengxin bid. Your view?
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