Fonterra seeks strong farmer mandate for sale
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Will the co-op also scale back on its flashy new headquarters under construction in Auckland’s Viaduct area?
While Fonterra will be leasing the HQ, surely workers moving into offices with million dollar views while farmer bank balances languish in the red won’t go down well with cockies.
