Jamie Mackay: The Country host on Dawn Meats lining up to buy 65 percent of Alliance Group - Heather du Plessis-Allan Drive

Meat processor Alliance Group says Dawn Meats is lining up to pay $250 million for a 65 percent stake in the meat co-op.

Alliance, a farmer-owned co-operative and New Zealand’s biggest sheep meat exporter, said the deal would give it an enterprise value of $502 million.

The Country's Jamie Mackay explains further.

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