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Fonterra sells stake in European joint venture
Fonterra is getting out of the business that was the cornerstone of New Zealand's multi-billion dairy industry - the British butter market.Eight years after Fonterra Co-operative Group Ltd cut a deal...
- NZPA Friday November 20, 05:32 PM -
Protesting Indian sugar farmers paralyse capital
NEW DELHI (AFP) - Thousands of Indian sugar cane farmers staged a massive demonstration in the national capital, halting traffic as they demanded higher prices for the crop.The dispute, testing the...
- AFP Finance News Friday November 20, 02:26 AM -
PM wants Fonterra to make most of opportunities
The Government says it wants Fonterra to have a capital structure which equips it to take advantage of opportunities."Fonterra has a big impact on the New Zealand market, so its fortunes play a big...
- NZPA Thursday November 19, 06:25 AM -
Farmers approve changes to Fonterra capital structure
A vote today to start changing Fonterra's capital structure will be seen by future generations of farmers as a significant step in the cooperative's evolution, says its chairman, Sir Henry van der...
- NZPA Wednesday November 18, 05:12 PM -
Rural service co signs $400m deal
Allied Farmers has signed a conditional $400 million deal with Hanover Finance and United Finance.The agreement will result in Allied buying the finance assets of the companies.Allied Farmers, which...
- Newstalk ZB Wednesday November 18, 11:19 AM -
Allied Farmers confirms deal with Hanover Finance
Rural services and finance business Allied Farmers has signed an agreement with Hanover Finance and Hanover subsidiary United Finance.The deal, subject to conditions, would result in Allied Farmers...
- NZPA Wednesday November 18, 11:10 AM -
Trading halt for Allied Farmers after merger speculation
Shares in rural services and finance group Allied Farmers are in a trading halt, amid speculation Allied is to merge with cash-strapped lender Hanover Finance.Approached by NZPA today, Allied Farmers...
- NZPA Wednesday November 18, 09:42 AM -
Report claims Hanover Finance to merge with Allied Farmers
Hanover Finance is reportedly close to a merger with listed finance company Allied Farmers.Auditors KPMG yesterday released Hanover's accounts, showing a $102 million loss for the year to June.The...
- NZPA Wednesday November 18, 08:13 AM -
Farmers dump former forex dealer, elect academic
Fonterra farmers have voted incumbent director Stuart Natrass off their board and elected academic Nicola Shadbolt, of Ashhurst.Electionz.com Ltd returning officer Warwick Lampp, who manages the...
- NZPA Monday November 16, 08:01 PM -
Dairy farm sales fall despite commodity price rebound
Only nine dairy farms sold last month - despite the rebound in dairy commodity prices.Real estate agents said the median price fetched in October by the farms was $3.6m - compared with $5.5m in...
- NZPA Monday November 16, 07:13 PM -
Wind farm ready to power NSW desal plant
The wind farm set to power Sydney's desalination plant will begin operation this week and its owner Infigen Energy says similar projects will drive the company's growth.The 67-turbine Capital...
- AAP Monday November 16, 05:22 PM -
Farmers call for fair slice of broadband pie
The Government's broadband strategy - which allocates $1.8 billion to improving access to the technology - is inadequate, says the nation's biggest farm lobby.The Government's broadband policies will...
- NZPA Friday November 13, 07:38 AM -
Some dairy farmers will be forced to sell - RB
Some dairy farms holding too much debt will be forced to sell some or all of their operations, the Reserve Bank warned in its latest Financial Stability Report.Debt levels within the agricultural...
- NZPA Wednesday November 11, 02:09 PM -
Farmers may yet get another dairy payout boost
Fonterra's new forecast of an increased payout of $6.05/kg of milksolids for this season provides "much-needed breathing space," BNZ economists say.They predicted last night the dairying margin...
- NZPA Tuesday November 10, 06:43 AM -
Fonterra windfall puts farmers back in the black
Fonterra's boost of nearly 20 percent in its forecast milk payout is not only buoying the New Zealand dollar -- farmers are pretty chuffed about it too.The kiwi jumped from US72.45c to US73.40c on...
- NZPA Monday November 9, 08:30 PM
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