News | Rural
16 Oct 2025 16:50
| 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.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     10 Oct: A warning to dairy farmers - to prepare for greater climate swings
     08 Oct: Dairy prices have fallen 1.6 percent at this morning's Global Dairy Trade auction
     29 Sep: Synlait's confirmed the sale of its loss-making factory at Pokeno to US company, Abbott
     26 Sep: Fonterra doesn't see an end in sight, to the growing demand for dairy
     26 Sep: Most dairy farmers are now breaking even again, for now
     25 Sep: Fonterra's CEO says cheaper butter prices could be on the horizon
     25 Sep: Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole
     Top Stories

    RUGBY RUGBY
    Former All Black Craig Innes is calling for an overhaul of the rugby pathway system, following a pair of record defeats for the New Zealand Schools team More...

    BUSINESS BUSINESS
    The owner of online marketplace GrabOne - has gone into liquidation More...


     Today's News

    		 Entertainment:
    Keanu Reeves thinks Alexandra Grant did a "wonderful" job playing down their marriage rumours 16:47

     Entertainment:
    Naomi Watts suffers from imposter syndrome 16:17

     Soccer:
    Auckland FC coach Steve Corica's hopeful the looming Football World Cup will inspire many of the club's players to new A-League heights this season 16:17

     International:
    Army soldier killed in vehicle rollover during training in north Queensland 16:07

     Entertainment:
    Dakota and Elle Fanning might "live together" during filming for The Nightingale 15:47

     Politics:
    Pushback against proposed Government changes to marine and coastal area law 15:27

     Entertainment:
    Alec Baldwin has blamed a "garbage truck the size of a whale" for his car crash in the Hamptons 15:17

     International:
    Funeral held for dead Israeli hostage Guy Illouz as two more bodies released 15:17

     Rugby:
    Former All Black Craig Innes is calling for an overhaul of the rugby pathway system, following a pair of record defeats for the New Zealand Schools team 14:57

     Entertainment:
    Tim Curry could suffer another stroke "at any time" 14:47

     News Search




    Power Search

    © 2025 New Zealand City Ltd