Australian Rural Servicing Company Elders Has Increased Its Shareholding In New Zealand’s Largest Company In The Same Business PGG Wrightson

Australian rural servicing company Elders has increased its shareholding in New Zealand’s largest company in the same business PGG Wrightson. Elders now owns 12.3% of PGW, having bought a further 758,000 shares between December 20, 2022 and August 18, 2023. The expenditure was $3.2 million and Elders now has paid more than $40 million in PGW. PGW’s majority shareholder is Agria Singapore, with 44%.