Tuesday 27 October 2026Tue 27 Oct
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Ngāi Tahu Investments to sell Sanford shares for $72 million

The PostNZ HeraldTuesday 27 October 2026 · 2 outlets · 2 reports · updated

In this story NZX

Photo: NZ Herald (opens in new tab)

Ngāi Tahu Investments will sell its remaining stake in Sanford to Japan's Umios Corporation for $72 million. The unconditional deal, valued at $7.47 per share, was signed on 26 October. Following the announcement, Sanford shares rose 12.3% on the NZX.

How they headlined it

First reported by The Post, Tue 27 Oct, 3:23pm · 2 reports from 2 outlets over 3 hours
  1. The PostThe Post

    Ngāi Tahu Investments to exit Sanford in $72 million deal (opens in new tab)

  2. NZ HeraldNZ Herald

    Sanford shares rise 12.3% on NZX as Japanese company Umios buys $72m stake – Market close (opens in new tab)Premium