Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Is New Zealand’s favourite ice cream brand about to change hands?
The Australian newspaper reports that Fonterra subsidiary Tip Top could be offloaded as the co-op tries to strengthen its balance sheet.
Fonterra is aiming to reduce its debt by $800 million and is mulling the sale of three assets. It has confirmed that its investment in the Chinese infant formula maker Beingmate is under review. And so are two other value added investments.
But selling Tip Top may not go down well with everyone. Tip Top is the envy of the marketing world, with high brand awareness among New Zealanders.
And given that NZ last week celebrated its inaugural National Ice Cream week, speculation about Tip Top would leave a sour taste among many Kiwi ice cream lovers.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
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