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Allied Farmers tries to cobble together loan repayment as liquidation hovers

Allied Farmers, which reported a further $4.1 million writedown on its ex-Hanover Finance assets last week, is trying to cobble together a loan repayment by the end of the day in a bid to stave off a potential liquidation. The Hawera-based company is in talks with various parties, including secured lender Crown Asset Management on a repayment proposal to a …

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