Mānuka honey exporter Comvita has received a takeover offer from a subsidiary of Christchurch billionaire Mark Stewart’s Masthead Limited - Florenz.

It's offering 80 cents a share, equalling $56.4 million.

The offer has received unanimous support from Comvita’s board and its two largest shareholders, which own a combined 18.3 percent stake.

Oliver Mander from the NZ Shareholders Association explains what this could mean going forward.

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