Simon Limmer says supply and demand remains ‘well out of equilibrium’.
A gas supply shortage forces an impairment charge at the fertiliser co-op.
Co-op to receive a further $375m from Lactalis after Bega agrees to the transfer of brand licences.
Location and supply are appealing factors for the NZX-listed company.
Sale of Consumer business to Lactalis hailed as great news for New Zealand Inc.
Shareholders to receive capital return of $2 a share when deal completes next year.
A turnaround for the snack apple company is now expected to take three years, rather than one.
Oceans and Fisheries Minister says he won’t be threatened or intimidated by environmental and recreational groups, nor hapū opposing his industry reforms.
If farmer shareholders do not approve the deal in October the meat processor ‘will be obligated to enter a process led by its banking syndicate’.
The Treasury says Landcorp’s failure to meet performance expectations cannot continue.