Winston Peters calls Tip Top sale a 'sad day'
UPDATE: Acting prime minister reacts to Fonterra's sale of ice cream unit.
Tim Hunter
Mon, 13 May 2019
UPDATE: A UK-based joint venture of Nestlé and privately-owned ice cream company R & R has bought Fonterra’s Tip Top business for $380 million.
The New Zealand dairy co-op announced the transaction in a statement to the NZX this morning.
The deal is due to settle on May 31.
The buyer,
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Tim Hunter
Mon, 13 May 2019
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