David Fisher reports in the HoS:
One of the country’s richest men has emerged as a white knight investor with a $105 million bid for big dairy farms that could otherwise be sold to China.
Sir Michael Fay has declared his interest in buying nine of the 16 farms once owned by Reporoa’s Alan Crafar.
This amuses me, as the sort of people who passionately don’t want Chinese interests buying the farms, tend to also passionately hate Sir Michael. If he turns out to be their white knight, it will be a bitter medicine for them.Tags: Crafar, foreign investment, Michael Fay