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23 Jan 2026 19:35
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      Home > News > Business

    A huge day for an iconic West Coast brand

    A huge day for an iconic West Coast brand


    Westland Dairy shareholders today vote on whether to sell the under-performing co-op to Chinese dairy giant, Yili .

    They're being offered three dollars 41 a share.

    Federated Farmers dairy spokesperson, Chris Lewis, says a lot of people will likely be voting with their head, not their heart.

    He says this is probably an emotional day for suppliers, but sadly financial circumstance means something's happening, when it shouldn't.

    Documents suggest former suppliers who've exited the co-op might wait years to see the 11-million-dollars they're owed.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    		 Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

     Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

     Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

     Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

     Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

     Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27

     Tennis:
    Belarusian world number one Aryna Sabalenka's led the charge into the fourth round at the Australian Open 17:07

     Environment:
    Heavy rain is still causing disruption in parts of the North Island 16:57

     Rugby:
    All Blacks prop Tamaiti Williams has dismissed any suggestions of player power being behind the early exit of New Zealand head coach Scott Robertson 16:17

     International:
    Donald Trump is obsessed with Greenland, but now his comments point to the 'entire Arctic' 16:07

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