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20 Oct 2025 16:21
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  •   Home > News > Politics

    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 Politics News
     20 Oct: Te Pati Maori MP Mariameno Kapa-Kingi has issued a statement - referencing allegations in emails the Party sent members about her activist son, and her
     20 Oct: The Prime Minister says he'd pay teachers and health workers more if it were possible - but for now they need to return to negotiating
     19 Oct: North Adelaide golf course safeguards fall short, some Kaurna community members say
     19 Oct: The secondary school teachers union says most of its members earn over $100,000 a year
     19 Oct: Flood mapping is different between councils, but one resident is calling for change
     19 Oct: The Public Service Association says a proposed change to strike laws would fundamentally change industrial relations
     19 Oct: Tattoo-related injuries are behind hundreds of ACC claims every year, costing the country hundreds of thousands of dollars annually
     Top Stories

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    North Otago coach Luke Herden reckons they're peaking at the business end of rugby's Heartland Championship More...


    BUSINESS BUSINESS
    New Zealand's latest inflation hike - isn't likely to change much for the Reserve Bank More...



     Today's News

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    Entertainment:
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    Politics:
    Te Pati Maori MP Mariameno Kapa-Kingi has issued a statement - referencing allegations in emails the Party sent members about her activist son, and her 15:27

    International:
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    International:
    What we know about the Louvre jewellery heist 14:47


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