News | Rural
1 Dec 2020 3:56
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • 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.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     04 Nov: Dairy farmers are looking ahead - both for the environment, and their farms
     21 Oct: A challenging year ahead for beef and sheep farmers
     15 Oct: Fonterra's increased the mid-point of its forecast farmgate milk price range to $6.80 per kilos of Milk Solids, up from $6.40
     05 Oct: Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market
     28 Sep: The bill to compensate Mid Canterbury farmers found with Mycoplasma bovis in their herds might be around 17-million dollars
     25 Sep: First there was Shrek the wooly sheep and now there's Mrs Gizzy Shrek
     19 Sep: The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits
     Top Stories

    RUGBY RUGBY
    Brad Weber has inked a one year extension with New Zealand Rugby and the Chiefs for 2021 More...


    BUSINESS BUSINESS
    Qantas is pushing ahead with plans to out-source two-thousand ground crew jobs More...



     Today's News

    International:
    F1 driver Romain Grosjean credits halo with saving his life after horror crash at Bahrain Grand Prix 22:17

    Entertainment:
    Lamar Odom spent Thanksgiving with Sabrina Parr, despite the couple ending their engagement earlier this month 21:59

    Accident and Emergency:
    Four people have moderate injuries after a collision between a truck and three cars on State Highway 29 in lower Kaimai, in the Waikato 21:57

    Entertainment:
    Margot Robbie struggles with cooking for Thanksgiving 21:29

    Cricket:
    New Zealand Cricket has lost one of the better known names not to represent the Black Caps 21:17

    Entertainment:
    Gloria Estefan has become a "virtual reality grandma" in lockdown 20:59

    Entertainment:
    Hugh Grant has taken up cooking in lockdown 20:29

    Entertainment:
    Sir Paul McCartney is in a yoga group with Alec Baldwin 19:59

    Entertainment:
    Ozzy Osbourne doesn't "understand" the hype surrounding his family's reality show 19:29

    Entertainment:
    Gary Barlow says Christmas is always a "big" deal in his house 18:59


     News Search






    Power Search


    © 2020 New Zealand City Ltd