Suitors line up
OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.
OPINION: Australian dairy is bracing for the retirement of an iconic dairy brand.
Saputo Dairy Australia (SDA) announced last year the retirement of its King Island Dairy brand, after being unable to find a buyer for the 132-year-old brand and its current facility.
Over the past year, SDA has sought to maximise value for the business looking for commercial and financial alternatives for King Island Dairy, including a potential sale to a third party. The business employs 58 people and is the single biggest employer on the island which only has a population of 1,600.
Is this a good omen for Fonterra as it tries to sell off its Australian consumer business that includes some of the top dairy brands across the ditch?
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
Farmer lobby Federated Farmers is reporting a growth in membership, for the first time in decades.
New Zealand's Ruminant Biotech says that while it has big goals, the scale of the problem it seeks to solve requires it.
The upheaval in the Middle East may have eased the fall in global dairy prices last week.
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Federated Farmers is brushing aside concerns that the Government's intention to allow farmers to use their KiwiSaver funds to buy a first farm could be problematic.