News | Rural
8 Dec 2025 19:38
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  •   Home > News > Rural

    The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision

    The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision


    Fonterra
    Fonterra
    If shareholding farmers vote Yes - giant French company, Lactalis will pay 4.2 billion dollars for the brands.

    NZ First's Winston Peters told farmers to reject the deal - and hinted at increasing regulation.

    But Chris Luxon says although politicians can have a view, it's up to farmers.

    He says the consumer brands business isn't as profitable as the ingredients business - so it makes sense to sell.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
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     Today's News

    International:
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    Entertainment:
    Heidi Klum and her husband Tom Kaulitz "felt great" after completing a worm and parasite cleanse. 19:20

    Law and Order:
    Former Tongan rugby league international Mark Roiall - has been found safe 19:07

    International:
    Should you go screen-free after giving birth? These mums share their stories 19:07

    Environment:
    Red-hot temperatures this week could increase the risk of scrub fires 18:57

    Entertainment:
    Nicole Kidman spent her first Thanksgiving (27.11.25) without Keith Urban doing a charity run 18:50

    Law and Order:
    Auckland Police have charged a second 21-year-old with murder - over a man's death in Mount Wellington on Friday 18:37

    Entertainment:
    Jenna Ortega says AI "has no soul" and no place in filmmaking 18:20

    Business:
    Details of a major shake-up to the Resource Management Act are coming tomorrow 18:07

    Accident and Emergency:
    Fire crews across the central North Island have converged near Tongariro National Park - to keep a 110-hectare blaze at bay 17:57


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