Not Out of the Woods Yet
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
Corporate farmer Southern Pastures, Westland Milk Products’ largest shareholder and milk supplier, says it will abstain from voting on the proposed takeover offer by Chinese giant Yili.
Westland Milk Products' board is working to convince farmers to vote in favour of its sale to Chinese dairy giant Yili.
When in Opposition, ‘Winston First’ used to enjoy standing on the sidelines criticising the sale of New Zealand companies to Chinese interests.
Selling Westland Milk Products to the Chinese dairy giant Yili may be the right thing but will be the sad end of the cooperative, says Barrytown farmer Richard Reynolds.
Lincoln University hosted senior management from both Inner Mongolia Yili Industrial Group and its subsidiary Oceania Dairy last week.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.