Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Will the acceptance of a pay cut by Fonterra boss Theo Spierings solve the dairy industry’s problems? as suggested by Labour primary industries spokesmen Damien O’Connor.
Fonterra has started consulting staff on proposals to streamline its business. The co-op is likely to shed hundreds of jobs as part of the review.
Fonterra is set to cut hundreds of jobs from head office as it undergoes a major review of operations.
Fonterra has described its half year trading as subdued, with revenues dropping 14% compared to last year.
FONTERRA’S INGREDIENTS business is an “aircraft carrier” that allows the co-op to visit global markets efficiently, says chief executive Theo Spierings.
FONTERRA HOPES to be collecting 30 billion litres of milk worldwide by 2025, says chief executive Theo Spierings.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.