Fonterra has secured a 88% farmer vote to sell its Mainland, Kāpiti and Anchor brands to Lactalis for $4.2 billion, with farmers expressing confidence in the long-term sustainability of the cooperative despite short-term financial incentives.
Stacked weekly counts; colour by editorial lean. Stuff and The Spinoff lean centre-left, NZ Herald centre-right, others centre.
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average tax-free return of $392,000 per farmer
Farmers backing of fonterra brands sale carefully considered chair51% approval threshold for critical ownership shift
Winston peters threatens fonterra over sale of anchor and mainland brandsSpotted something wrong on this page? Report a correction.