New Zealand dairy co-operative Fonterra, currently involved in a
bidding war for Australia's National Foods, has been told by the
Australian Takeovers Panel to issue a supplementary bidder's
statement about its possible...
New Zealand dairy co-operative Fonterra has upped its share price
offer for Australia's leading dairy company National Foods,
trumping a rival bid from San Miguel Corporation (SMC) and gaining
the unanimous backing of National...
Fonterra's CEO, Andrew Ferrier, arrived in Victoria, Australia
yesterday as part of a last-ditch attempt to convince Australian
dairy farmers to back the dairy co-operative's bid for the
country's leading dairy company,...
Fonterra, the New Zealand dairy co-operative, has extended its
share offer to buy Australian food group National Foods to 8 March
- despite National Foods' board urging its shareholders to back a
rival offer from Philippines-based...
Fonterra, the New Zealand dairy co-operative, has announced it is
to sell off its under-performing Mexican cheese division, in
keeping with its long-term strategy to move away from
commodification, Tom Armitage reports.
Fonterra, the New Zealand dairy co-operative, is looking to exploit
a growing market for intellectual property (IP) licensing by
creating a new formulated milk business to join its line of
value-added subsidiaries, reports Tom Armitage.
Fonterra, New Zealand's multinational dairy co-operative, has
jumped on the low-carb bandwagon by launching a strain of milk
protein designed to produce new low-carb yoghurt. But is all this
hype just another commercial gimmick,...
New Zealand dairy giant Fonterrra has outlined ambitions to tap in
on anticipated growth in demand for dairy imports to China.
Speaking at a conference in Auckland today CEO Andrew Ferrier said
that the country represented 'considerable...
Fonterra, New Zealand's leading dairy exporter, said on Monday that
it plans to axe hundreds of jobs in order to streamline its
business for future core efficiency. Over the next two years the
group plans to cut 700 administrative...