News | Rural
16 Apr 2024 17:46
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Rural

    A big payday's coming for farmers in New Zealand's second-biggest dairy co-op

    A big payday's coming for farmers in New Zealand's second-biggest dairy co-op


    The High Court takeovers panel has approved the sale of Westland Dairy to the Inner Mongolia Yili Company for 588-million-dollars.

    West Coast dairy farmer and farming commentator Andy Thompson says 94 percent of shareholders agreed to the offer - of 3 dollars and 41 cents a share.

    He says the deal will go through on August 1 - and it'll be a big payout for Westland's farmers.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     21 Feb: Dairy prices are up 0.5 percent at the latest Global Dairy Trade auction overnight
     Top Stories

    RUGBY RUGBY
    Add another chapter to the book of big name oval-ball code switchers More...

    BUSINESS BUSINESS
    A Christchurch businessman's appeal against the Tenancy Tribunal's been dismissed More...


     Today's News

    		 Entertainment:
    Rebecca Ferguson got angry phone calls from her co-stars after claiming an "absolute idiot" yelled at her on set 17:40

     Rugby League:
    Add another chapter to the book of big name oval-ball code switchers 17:27

     International:
    Iran's planned strike against Israel puts the Middle East on the brink of wider conflict but other nations are baulking at the concept 17:17

     Entertainment:
    Dennis Quaid has "never been happier" in life 17:10

     Law and Order:
    One woman's been arrested after an alleged aggravated home robbery in Whangarei yesterday 16:57

     Entertainment:
    O.J. Simpson allegedly "got angry" with his lawyer when he confiscated his golf clubs 16:40

     Accident and Emergency:
    A man missing for nearly 24 hours in bush at Rotorua's Okere Falls - has been found, with a back injury 16:18

     Entertainment:
    Jelly Roll has been on a major health kick 16:10

     Entertainment:
    King Charles and Queen Camilla are "utterly shocked and horrified" by the stabbing in Sydney 15:40

     Education:
    Calls for Ministry funding - after an inquiry's found learning issues with Christchurch Shirley Boys High Schools' modern classes 15:37

     News Search




    Power Search

    © 2024 New Zealand City Ltd