Willis told to ask Lactalis about NZ’s investment rules
A paper obtained by NBR shows the Treasury also suggested the French multinational might develop its own milk supply.
Farmer shareholders in Fonterra will get their payout from the Lactalis sale next week.
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As NZ First leader Winston Peters was railing against the sale of Fonterra’s brands to Lactalis last year, the Treasury wanted to know what more could be done to make New Zealand an attractive investment destination for the French multinational.
The Treasury briefed Finance Minister Nicola Willis
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