Fonterra consumer business sale price jumps to $4.22b
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
The ex-dairy boss is – among a myriad business ventures – a director of chicken farm Heyden Farms.
This company has been in the news lately for its bad animal welfare practices (‘colony’ chickens) and now its eggs have been pulled from Countdown supermarkets nationwide.
As your old mate’s confidant opined: “it looks like the chickens are coming home to roost for Hank!” Perhaps a $3.90 dairy payout is not so bad, eh Henry.
