Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
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.
