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Listen "French dairy giant to buy Fonterra's iconic brands"
Episode Synopsis
Fonterra's sale of its consumer brands to the world's largest dairy conglomerate based in France got an overwhelming vote of approval from dairy farmer shareholders today. Lactalis is paying the New Zealand dairy cooperative over four-point-two billion dollars to buy Anchor, Mainland and Kapiti. The decision to sell the brands was made during a short on-line special meeting this morning. Sally Wenley reports.
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