What Would Synlait Be Worth to Fonterra or a2 Milk?
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Fonterra, as one of the biggest corporates in the country, has been doing its bit for the community - like contributing to Kickstart Breakfast alongside the Government.
Given the financial strife facing Fonterra shareholders, should the co-op pull out of such initiatives until dairy prices improve?
This will keep a bit more money in farmers' pockets. And, isn't funding social welfare initiatives the job of the government?
