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Latest Dairy Farmers Stories

2008-09-24 12:00:20

Research and Markets (http://www.researchandmarkets.com/research/8cf143/dairy_mergers_ac) has announced the addition of the "Dairy Mergers & Acquisitions 2008" report to their offering. Combining analysis, insight and opinion - Zenith is pleased to unveil its new series of short sharp topical market reports, delivering assessments of the emerging issues that matter to consumers and the wider dairy industry: -Adapt to change -Be early to market -Seize new growth...

2008-09-17 15:00:20

Text of report by official Chinese news agency Xinhua (New China News Agency) [(Current politics) Unattributed report: "Wen Jiabao Convenes, Presides Over State Council Executive Meeting, Which Decides on Full- Scale Inspection of Dairy Products and Putting Dairy Product Industry in Good Order"] Beijing, 17 Sep (Xinhua) - This morning Wen Jiabao, premier of the State Council, convened and presided over a State Council executive meeting, which decided to conduct throughout the country a...

2008-09-16 18:00:18

THE Royal Association of British Dairy Farmers has expressed concern over Dairy UK's leadership change. Appointing Dairy Crest chief executive, Mark Allen as chairman to succeed David Curry MP could bring to an end this all industry organisation, it says. "Dairy UK was launched four years ago to replace DIAL, the dairy processors and manufacturers' organisation," said RABDF chairman, Lyndon Edwards. "Dairy UK's objectives were to bring together for the first time all sectors of the...

2008-09-03 15:00:23

By GALLOWAY, Jill Huge number of dairy farmers hindered by the ongoing wet weather are failing their resource consent inspections. -------------------- A third of the 80 dairy farms inspected by Horizons in the past few weeks do not comply with their resource consents. "And these are serious non- compliances, such as a discharge to the environment, or it is at significant odds with the resource consent, so it has a physical effect," Horizons manager of planning and regulatory, Greg...

2008-08-29 15:00:31

By JANES, Andrew FONTERRA will face a powerful new competitor across the Tasman with National Foods set to buy Australian co-op Dairy Farmers for $1.1 billion. After a competitive sales process, Dairy Farmers announced yesterday that it would recommend the bid by Kirin-owned National Foods to its farmer shareholders. It will require the approval of at least 75 per cent of its shareholders in a vote scheduled for mid- November. Fonterra pulled out of the race to buy Dairy Farmers in...

2008-08-27 18:00:00

By Alistair Houghton DRIVING along the Chester bypass, it would be easy to miss the cluster of roofs tucked away up a small country lane. But if you did miss it you'd be missing out on dairy ingredients business Meadow Foods - one of the region's biggest companies and among the UK's biggest suppliers of dairy products. Its managing director Paul Deakin says Meadow Foods' products, from cream and butter to chocolate crumb, are found in foods from shortbread to ready meals. Its...

2008-08-26 15:00:40

By JANES, Andrew New Zealand's Fonterra will face a powerful new competitor across the Tasman with National Foods set to buy Australian co-op Dairy Farmers for $1.1 billion. After a competitive sales process, Dairy Farmers announced yesterday it would recommend the Kirin- owned National Foods' bid to its farmer shareholders. It will require the approval of at least 75 per cent of its shareholders in a vote in mid-November. Fonterra pulled out of the race to buy Dairy Farmers in June,...

2008-08-26 12:01:04

Kirin, the Japanese brewer, is expanding its food business in Australia through the acquisition of Dairy Farmers by its National Foods division. The acquisition, for 910 million Australian dollars, or $780 million, is intended to help it diversify away from a shrinking domestic market for beer. Analysts said the move by Kirin, which bought National Foods for $1 billion in November, begins a long-awaited consolidation of Australia's dairy industry, which largely comprises farmer...

2008-08-26 06:00:35

National Foods has announced that it will acquire all of the shares in Australian Co-operative Foods, which trades as Dairy Farmers, for a cash consideration of A$5.65 per share. This equates to an enterprise value of A$910 million for the cooperative. Under the terms of the proposal, it is intended that part of the cash consideration of A$5.65 per share will include a fully franked special dividend from Dairy Farmers of up to 594 cents per share. In addition, suppliers to Dairy Farmers...

2008-08-26 00:00:23

Tokyo, Aug. 25 (Jiji Press)--Major Japanese beverage company Kirin Holdings Co. said Monday that Melbourne-based wholly owned subsidiary National Foods Ltd., Australia's biggest dairy company, will purchase second-ranking Sydney-based Dairy Farmers. The deal is expected to be worth 884 million Australian dollars, Kirin said. Dairy Farmers, officially known as Australian Co-operative Foods Ltd., is a cooperative in which some 2,000 Australian farmers are investors. Its sales totaled...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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