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.
Speaking of Fonterra, the Hound received a curt note from a failed board candidate in last year's election...
The note was 'thanking' this old mutt for helping publicise his run as a director in 2014 – claiming it helped lift his profile (what do they say about all publicity being good publicity?). Anyway, the said column referred to a lack of talent among the challengers last year and described the talent pool of potential directors as being "as shallow as the puddle out the back of the Hound's kennel". Anyhow, the said failed candidate claims, "Got to say though that you did lament the caliber [sic] (or lack of) in the challenging pack last year. Surely now with the untrained lot hoping to get onto a sinking lid board this will make last year's lot look like rocket scientists". The Hound reckons his newest 'fan' does make a fair point!
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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.
I think it's going to greatly weaken National at the election. That's the view of a former senior National MP on the recent attempted coup against Prime Minister Christopher Luxon.
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