Westland Milk to be sold to Chinese dairy giant
Chinese dairy giant Yili will pay $588 million for dairy co-op Westland Milk, it was announced overnight.
Though they have been rivals of Rural News, your old mate believes the loss of magazines covering NZ’s most important sector is a major kick in the guts to farmers and those with an interest in agribusiness all around the country. Thankfully, the powers-that-be at Rural News Group are committed to publishing papers and a website focussed on the rural sector, so the Hound will be occupying his kennel for many years yet. Meantime, your old mate suggests the decision by Stuff and its bean-counters to can its rural papers and journos can rightly be described as an absolute stuff-up.
