DTNZ: Fonterra farmers approve $4.2b sale of Mainland and Anchor

Fonterra’s farmer shareholders have voted overwhelmingly—more than 88 percent—in favour of selling iconic consumer brands Mainland and Anchor to French dairy giant Lactalis for $4.2 billion.

Peter Williams: Selling Stakes in Alliance and Fonterra Brands Is the Right Call

Politicians must stay out of it

Two of New Zealand’s cornerstone farmer-owned cooperatives — Alliance Group and Fonterra — are simultaneously grappling with the brutal reality of global agribusiness economics.

Between Alliance’s proposal to sell 65 percent of its meat business to the Irish company Dawn Meats and Fonterra’s agreement to divest its consumer brands division to France’s Lactalis, some see sell-off, surrender or loss of sovereignty.

Mike’s Minute: Winston Peters isn't wrong, just late

I argued it because I thought it was the right thing to do.

Winston Peters entered the Fonterra brands sale debate yesterday, I suspect because he thinks there are points to be scored.