Fonterra paid $48.5 million to acquire the assets of collapsed South Canterbury milk processor New Zealand Dairies.
NZ Dairies was placed in receivership in May last year, owing $26.3 million to its supplier farmers for the raw milk they supplied in the 2011-12 season.
The company was
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Duncan Bridgeman
Wed, 16 Jan 2013
Wed, 16 Jan 2013
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Fonterra’s dairy plant acquisition price revealed
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