Lactalis in front to acquire Fonterra’s Australian dairy assets after ACCC clearance
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
Eleven candidates will contest three Fonterra board seats this year.
They are Blue Read, Donna Smit, Eric Ray, Grant Cochrane, Grant Rowan, Jacqueline Rowarth, Jan Marten Kingma, Lachie Cameron, Michael Spaans and the two incumbent directors John Wilson and Nicola Shadbolt.
As in previous years, the candidate assessment panel (CAP) process is available to independently assess the capabilities, experience and qualifications of any and all director candidates to help shareholders make informed votes. CAP is not compulsory for candidates.
The CAP results and candidate profiles will be mailed to Fonterra's eligible shareholders with voting papers on November 26 and will be displayed on Fencepost via www.fonterra.com.
Fonterra shareholders can meet candidates and ask questions at directors' election candidate meetings scheduled for December 3-7.
Shareholders can vote by internet, fax or post. Voting is by the single transferable vote method. Voting is open from 10.30am November 26 to 10.30am December 15.
Results will be announced at the annual meeting on December 17.
Two butcheries have claimed victory at the 100% New Zealand Bacon & Ham Awards for 2025.
A Taupiri farming company has been convicted and fined $52,500 in the Hamilton District Court for the unlawful discharge of dairy effluent into the environment.
The Climate Change Commission’s 2025 emissions reduction monitoring report reveals steady progress on the reduction of New Zealand’s climate pollution.
Another milestone has been reached in the fight against Mycoplasma bovis with the compensation assistance service being wound up after helping more than 1300 farmers.
The Government’s directive for state farmer Landcorp Farming (trading as Pamu) to lifts its performance is yielding results.
The move to bring bovine TB testing in-house at Ospri officially started this month, as a team of 37 skilled and experienced technicians begin work with the disease eradication agency.
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