by Freshagenda | Jul 11, 2024 | Global, News
Synlait Milk’s future lies in the hands of shareholders who will vote on whether to accept a NZ$130m loan from Bright Dairy. Synlait second-largest shareholder a2 Milk Company, is voting in favour of the NZ$130m loan. Significant loan repayments will fall due over the...
by Freshagenda | May 16, 2024 | Global, News
Fonterra has announced a major change in its strategic direction, and will explore full or partial divestment options for some or all of its global Consumer business and brands, including the integrated Fonterra Oceania which is the recently merged Fonterra Brands New...
by Freshagenda | Apr 18, 2024 | Global, News
Fonterra will close a number of ageing plants at two Waikato sites in an effort to optimize operations. Fonterra’s Waitoa PDC, a coal centre and two dryers in Te Rapa are no longer efficient to operate and will close later this year. The Te Rapa driers will close...
by Freshagenda | Mar 14, 2024 | Global, News
In response to the new government’s pledge to repeal a ban on live exports, a parliamentary petition started by former National Animal Welfare Advisory Committee chairperson Dr John Hellstrom has garnered more than 17,000 signatories since it was started on the 23rd...
by Freshagenda | Feb 22, 2024 | Global, News
Fonterra is merging its Australian business and Fonterra Brands New Zealand (FBNZ) into Fonterra Oceania from 1 May 2024. FBNZ includes consumer brands and foodservice businesses in New Zealand, including brands Anchor, Mainland and Kāpiti. Announcing the merger in an...
by Freshagenda | Aug 16, 2023 | Global, News
After reducing its forecast milk price forecast last week, Fonterra updated its FY23 earnings guidance, forecasting a full year dividend at the top end of its range of 65c – 80c per share. Fonterra is still in the process of finalising and auditing its FY23 numbers,...
