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The transaction is expected to complete within the next six months.

Aspen sells nutritional business to Lactalis

By Jim Cornall

Aspen Pharmacare Holdings Limited, a global pharmaceutical company based in South Africa, has announced today, in conjunction with the announcement of its annual results for the year ended June 30, 2018, that it has concluded an agreement to divest of...

Fonterra CEO Miles Hurrell says the cooperative’s business performance must improve.

Fonterra looks for improvement after posting $196m loss

By Jim Cornall

New Zealand dairy cooperative Fonterra has announced its FY18 annual results, the plan to improve its business performance and the outlook for FY19, including a review of its investment with Chinese company Beingmate.

The NFU and Arla Foods UK have so far responded to the government proposals for agriculture after Brexit.

UK sets out agriculture bill for ‘Green Brexit’

By Jim Cornall

Legislation to deliver what the UK government says is a cleaner and healthier environment for future generations after nearly half a century under EU rules is being introduced into Parliament today (September 12).

The cooperative last considered the milk price in May.

Fonterra drops 2018/19 forecast milk price

By Jim Cornall

New Zealand’s Fonterra Co-operative Group Limited has revised its 2018/19 forecast Farmgate Milk Price from NZ$7.00 (US$4.66) per kgMS to NZ$6.75 (US$4.49) per kgMS.

Fonterra has stopped its global CEO search to review its current portfolio and direction, and appointed its chief operating officer, Farm Source, Miles Hurrell, as interim CEO.

Fonterra opts for interim CEO

By Jim Cornall

Fonterra Co-operative Group has announced Miles Hurrell will take over as the New Zealand cooperative’s interim chief executive with immediate effect, and the search for a new CEO will temporarily be halted.

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