Fonterra’s awkward Australian issue
ANALYSIS: A legal technicality is looming larger in the dairy giant’s multi-billion dollar Mainland sale.
Fonterra has a supply and trade mark licence agreement with Bega Cheese going back to May 2001.
If you are confident it won’t rain, do you still carry an umbrella?
Or to put it another way, if you are confident in your legal position, do you still ask a court to clarify it?
Dairy giant Fonterra said last November it was “confident in its legal position”, but it just wanted to check
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