Displaying items by tag: Fonterra

Fonterra's board is holding a special meeting this afternoon to decide whether TAF (trading among farmers) will go ahead.

Voting is now underway at Fonterra special meeting on TAF (trading among farmers).

Fonterra's Board, the Shareholders' Council and former industry leaders are united in their support of Trading Among Farmers (TAF), says chairman Henry van der Heyden.

With only a few working days before Fonterra cooperative group's 10,500 shareholders decide upon its Trading Among Farmers (TAF) proposal, Federated Farmers is imploring all shareholders to vote.

Fonterra will no longer be in control of its own destiny if Trading Among Farmers does not proceed, Fonterra CEO Theo Spierings says.

Cash invested in buying units in the Fonterra Shareholders' Fund will go to farmers selling the economic rights of their shares – not Fonterra, says chairman Henry van der Heyden.

Federated Farmers is joyed by Fonterra Cooperative Group signing a conditional offer to purchase the milk processing assets of New Zealand Dairies.

Fonterra confirmed it has entered into a conditional agreement to acquire the milk processing assets of the New Zealand Dairies Ltd group in South Canterbury.

THE NEW Fonterra Shareholders Council chairman Ian Brown has his work cut out over the next two weeks.

FONTERRA HAS a serious problem but, contrary to the board’s claims, it is not redemption, says a Netherlands-based cooperatives expert.