Season's first kiwifruit China bound
Zespri's first charter shipment of the 2024 New Zealand kiwifruit season is on its way to Shanghai.
The stalled merger proposal between EastPack and Satara is now back on the table after the Satara Board of Directors unanimously agreed to ask their shareholders in one of the special interest groups for a second vote.
This follows that sector group narrowly voting the merger down last Friday by 0.2% below the required 75% threshold.
Overall, 85% of Satara shareholders who voted were in favour of the proposed merger, while 97% of the EastPack shareholders voted for the merger.
Chairmen of the two companies, Ray Sharp and Hendrik Pieters said that the most pleasing aspect is that the whole Satara Board now supports the merger whereas three directors were previously opposed.
The meeting date of the new vote is March 14 but only for Special Interest Group 2. The EastPack and the four other Satara interest groups won't be required to vote again as they've already indicated overwhelming support for the merger.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
A seminar on rural dispute resolution has been organised at Lincoln University, Christchurch this month.
The legacy of Dr Peter Snow continues to inspire as the recipients of the 2023 and 2024 Peter Snow Memorial Awards were announced at the recent National Rural Health Conference.
One of Fonterra’s global customers, Mars is launching an ambitious sustainable dairy plan to work with dairy farmers and cut emissions by 50%.
Beef + Lamb New Zealand chief executive for the past eight years, Sam McIvor is heading for new pastures at Ospri, which runs NZ’s integrated animal disease management and traceability service.
Horticulture NZ chief executive Nadine Tunley will step down in August.