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.
Director candidates for the 2012 Fonterra elections will be announced on Tuesday, October 23.
The delay is due to a number of candidates having previous commitments which have pushed back the completion of the candidate assessment process.
Board of directors' candidates must now confirm their nomination with the returning officer by October 23, 2012.
Voting packs, containing candidate profiles, will be mailed to eligible shareholders on Monday, November 26, 2012. Shareholders can vote by internet, fax or post, using the Single Transferable Vote (STV) system.
The voting period is from Monday, November 26 until 10.30am on Saturday, December 15, 2012 with the results announced at the annual meeting on Monday, December 17, 2012.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.
New Zealand farmers are committed to making their businesses more resilient to climate change and are embracing innovation to help them do so.
Atiamuri farmers Paul and Lesley Grey never gave up their dream of owning their own farm – and in 2020, that dream came true.