Shareholders unhappy with NZ's biggest meat company split

Shareholders unhappy with NZ's biggest meat company split

If New Zealand dairy is our nation's economic life-blood, then New Zealand meat is our muscle.

At $7 billion a year it's our second-biggest export earner.

Seven-thousand New Zealanders work for the country's biggest meat player Silver Fern and 16,000 more have shares in the company.

A company part-owned by the Chinese government are on the verge of signing a deal to split its ownership in half with Shanghai Maling.

Story investigates the deal which shareholders are unhappy about. Some are confused by the deal they have been sold and feel there are far too many questions about it which have not been answered.

Watch the video for the full Story report.