Wednesday, 14 March 2018 12:56

Milk is biggest

Written by 

A2 Milk company may not be as well known as Fonterra but it can now claim title to being New Zealand’s biggest listed company (by market capitalisation).

A2 Milk shares last week jumped to $12.56, valuing a2 Company at $9.1 billion, toppling Auckland International Airport at $7.75b, Fisher & Paykel Healthcare at $7.37b and Meridian Energy at $7.29b.

Fonterra, which has a market capitalisation of $9.5b on NZX despite not being a public company, recently joined forces with a2 to process and market infant formula and other products.

Featured

NZ supports rules-based system

Deputy Prime Minister Winston Peters often describes NZ as a small and isolated nation situated 'just north of the penguins' but says in terms of global affairs, NZ and other small nations should be judged on the quality of their arguments and not the size of their military.

NZ growers lead freshwater compliance

Horticulture New Zealand (HortNZ) says that commercial fruit and vegetable growers are getting ahead of freshwater farm plan regulations through its Growing Change project.

National

Top ag scientist to advise PM

A highly experienced agricultural scientist with specialist knowledge of the dairy sector is the Prime Minister's new Chief Science Advisor.

Machinery & Products

Hose runner saves time and effort

Rakaia-based equipment manufacturer Pluck’s Engineering will soon start production of a new machine designed to simplify the deployment and retrieval…

» Latest Print Issues Online

Milking It

Science fiction

OPINION: Last week's announcement of Prime Minister’s new Science and Technology Advisory Council hasn’t gone down too well in the…

Bye bye Paris?

OPINION: At its recent annual general meeting, Federated Farmers’ Auckland province called for New Zealand to withdraw from the Paris…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter