Thursday, 01 August 2019 07:55

Westland sale; signed, sealed and delivered

Senior staff of the Chinese dairy giant Yili will arrive this week to take the reins of their new acquisition Westland Milk Products.

Published in General News

Steady but prudent expansion is the key to success at the Ashburton Trading Society (ATS) in Mid-Canterbury.

Published in General News
Thursday, 18 July 2019 16:02

High Court approves Westland sale

The sale of Westland Milk to Chinese company Yili is now complete.

Published in General News
Tuesday, 09 July 2019 13:55

Ironic end to champion co-op

Westland Milk Products’ sale to Chinese interests is an ironic end to the co-op, which last August was named New Zealand’s 2018 Cooperative Business of the Year.

Published in General News
Tuesday, 09 July 2019 09:55

They knew the terms – Chairman

Westland chair Pete Morrison has reiterated the terms under which protesting former suppliers had surrendered their shares that they say are worth millions.

Published in General News
Tuesday, 09 July 2019 08:55

Ex-Westland suppliers seek OIO help

A group of former suppliers of Westland Milk Products has formally asked the Overseas Investment Office to block or delay the sale to Yili.

Published in General News
Tuesday, 09 July 2019 07:55

Westland sale ‘sad but inevitable’

Westland Milk Products shareholders voted overwhelmingly last Thursday to sell their co-op to Chinese dairy giant Yili.

Published in General News
Thursday, 04 July 2019 10:55

Westland bonuses defended

Westland Milk Products’ board chair, Pete Morrison has defended bonus payments to chief executive Toni Brendish and other top executives, criticised as having conflicts of interest.

Published in General News

Corporate farmer Southern Pastures, Westland Milk Products’ largest shareholder and milk supplier, says it will abstain from voting on the proposed takeover offer by Chinese giant Yili.

Published in General News
Thursday, 27 June 2019 09:03

Shaky vote

The upcoming vote on Westland Milk’s sale is getting interesting as the big day approaches next week.

Published in Milking It
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