Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Fonterra farmers are looking forward to higher returns as a result of the co-op's capital expenditure.
Fonterra Shareholders' Council chairman, Duncan Coull, says record breaking efforts of shareholders saw 65% of farms, representing 73% of milksolids, cast their votes.
Shareholders will still have their say on the bid for the board reduction from 13 to nine members, say two sponsors of the proposal.
Having been raised on a 70-cow farm in Taranaki, Fonterra Shareholders Council’s new chairman Duncan Coull knows a lot about resilience.
The new chairman of Fonterra Shareholders Council, Duncan Coull, says the cooperative spirit will help farmers through the downturn.
Duncan Coull has been elected unopposed as chair of the Fonterra Shareholders Council, replacing outgoing chair Ian Brown.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.