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23 Aug 2019 8:09
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  •   Home > News > Business

    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.

    © 2019 Newstalk ZB, NZCity


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    Road advocates are appealing to the government to change its priorities - now that rapid transit in Auckland's being bumped back More...



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