Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
Fonterra, as one of the biggest corporates in the country, has been doing its bit for the community - like contributing to Kickstart Breakfast alongside the Government.
Given the financial strife facing Fonterra shareholders, should the co-op pull out of such initiatives until dairy prices improve?
This will keep a bit more money in farmers' pockets. And, isn't funding social welfare initiatives the job of the government?
