What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Eight Fonterra Shareholders Council members have been returned unopposed for another three-year term.
They are Penny Smart, Central Northland, Julie Pirie, Hauraki / Coromandel, Grant Wills, Matamata, Kevin Ferris, Te Awamutu, Rob Poole, Egmont Plains, Charles Whirehead, Ashburton, Ad Bekkers, Otago and Vaughan Templeton, western Southland.
However, an election is required in four seats.
For the Eastern Bay of Plenty, Gerard van Beek and Wilson James will battle it out. Northern Taranaki is also a two-way battle between Mark Hooper and Kevin Turnbull.
In Hawke's Bay, four candidates are registered - Eliot Cooper, David Hands, Andrew Hardie and Ivan Knauf.
The Tasman / Marlborough election will feature Sue Brown, Neil Sixtus and Wayne Langford.
Nominations for the elections closed yesterday.
The candidates for the Fonterra board of directors' election will be announced on Tuesday, 13 October 2015 following the completion of the Candidate Assessment Panel (CAP) process.
The returning officer, Warwick Lampp, confirmed there will be no election required for the Directors' Remuneration Committee, as shareholders David Gasquoine and Stephen Silcock have been elected unopposed.
Voting Packs, containing candidate profiles, will be mailed to eligible shareholders on Friday, 30 October 2015.
Shareholders can vote by internet, fax or post, using the Single Transferable Vote (STV) system.
The voting period is from Friday, 30 October until 10.30am on Monday, 23 November 2015 with the results being announced later that day. Fonterra's annual meeting will be held at Waitoa on November 25.
As the cost-of-living crisis continues to put pressure on household grocery budgets, new figures show pork remains one of the most affordable fresh meat options for New Zealand families.
OPINION: In politics, credibility is and should be big. It must surely rank higher than charisma, which is quite trite and superficial. Yet, voters nowadays are often wooed and influenced by how someone looks or talks at a superficial level. TV plays a huge role in this.
Farmers can spend less time on paperwork, thanks to a new data sharing agreement between DairyNZ’s DairyBase and LIC’s MINDA software.
Kaikōura families affected by July's severe storm have found a practical solution to a problem that's kept some children away from regular schooling for weeks: a washed-out section of Inland Kaikōura Road, which has stopped the local school bus from running its usual route.
Rural New Zealand is welcoming the Government’s recent package of rural healthcare initiatives.
Interest in agritech and production animal systems has prompted Massey University's School of Agriculture and the Environment to new majors to its popular animal science degree.
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