Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Merge Co Must Go Ahead: DFNZ

Merge Co Must Go Ahead: Dfnz

31 March 2000
PR25/2000

MERGE CO MUST GO AHEAD: DFNZ

"Merge Co must go ahead. The merger is still achievable and farmers expect their directors to have the fortitude to make it happen," said Dairy Farmers of New Zealand Vice Chairman Paddy Briscoe.

"Dairy farmers have a very strong resolve that they want their industry to remain united," commented Mr Briscoe.

"There is a will among farmers for it to happen, and the directors of both Kiwi Co-op Dairies and New Zealand Dairy Group must get the message that they have a clear mandate to make it happen."

Mr Briscoe said that, "It is clear that the process of negotiation was flawed. We must now get it back on track and the best way forward is to use a facilitator."

Mr Briscoe said that DFNZ wholeheartedly supported calls for an expert facilitator to assist with the merger process.

DFNZ would be more than willing to assist with finding a suitably qualified and experienced facilitator.

"It is time for fresh thinking and renewed focus. An independent and expert facilitator will give the merger process the fillip it now needs."

ENDS For further information: Paddy Briscoe 07-366-4805 Kevin Petersen 04-473-7269 or 021-706 550


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Voluntary Administration: Renaissance Brewing Up For Sale

Renaissance Brewing, the first local company to raise capital through equity crowdfunding, is up for sale after cash flow woes and product management issues led to the appointment of voluntary administrators. More>>

Elsewhere:

Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:

Media Mega Merger: Full Steam Ahead For Appeal

New Zealand's two largest news publishers have confirmed they are committed to pursuing their appeal against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>