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

 

Get Involved, Dairy Farmers Urged

15 November 2007

Get Involved, Dairy Farmers Urged

Federated Farmers is strongly advising all Fonterra suppliers to get involved in the discussion on important changes to the capital structure of their co-operative, said Frank Brenmuhl, chair of the dairy section of Federated Farmers.

“Dairy farmers will be pleased that a process is now underway to review the ownership structure of Fonterra, and that Fonterra is taking the time to explore the opinions and values of its shareholders,” Mr Brenmuhl said.

“We would encourage all Fonterra shareholders to ensure they are well informed and take part in this debate to ensure the best decision is reached.

“Federated Farmers will be holding meetings with its dairy members to promote reasonable debate and help disseminate all relevant information to shareholders.

“We will work with Fonterra to ensure that shareholders make the best decision for all farmer-suppliers,” Mr Brenmuhl said.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>

ALSO:

Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>

ALSO:

Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>

ALSO: