Oceania

Pic: Danone

Danone Oceania joins B Corp

By Jim Cornall

Danone is joining the B Corporation (B Corp) movement in Australia and New Zealand by certifying its wholly owned businesses in the region.

Shareholder farmers in the former coop have received a cash payment of NZ$3.41 (US$2.24) per share, a 10-year guaranteed competitive milk payout, and guarantees all milk will be collected.

Done deal: Westland takeover by Yili completed

By Jim Cornall

China’s Yili Group has completed the purchase of all of the shares in New Zealand’s Westland Co-operative Dairy Company after final details of the sale were completed today.

Spotlight

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