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.
Former director Stuart Nattrass has vetoed the independent selection process to stand as a self-nominated candidate after securing the nomination of at least 35 shareholders.
His group of nominators are interesting -- they include a former Federated Farmers chairman, a former Feds dairy chairman and a former Fonterra board member.
A well-known corporate farmer from Bay of Plenty and others are also on the list.
