Russians could be primed to exit NZ Dairies

Russian-owned Southland milk processor New Zealand Dairies has boosted its share base by 40% and made public its financial statements fuelling speculation the company is primed for sale.On Tuesday, 21 million new shares (38%) were issued to Moscow-based b

Liam Baldwin
Fri, 05 Mar 2010

Russian-owned Southland milk processor New Zealand Dairies has boosted its share base by 40% and made public its financial statements fuelling speculation the company is primed for sale.

On Tuesday, 21 million new shares (38%) were issued to Moscow-based baby food manufacturer Nutritek taking its

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