Fonterra owners' unrest grows on China foray

Fonterra's owners are worried about the cooperative's $800m investment in establishing dairy farms in China, which yielded only $1m in earnings last year, despite a $38m subsidy of their operations by Fonterra's China ingredients division.

Interview: Fonterra CEO Theo Spierings

Fonterra boss Theo Spierings is "not worried” about sales of NZ productive land to foreigners so long as we are “working together” with foreign owners.

Big dairy farm expected to change hands

It has been reported that the state-owned China Investment Corporation and New Zealand dairy giant Fonterra are negotiating to buy Tasmanian dairy farm Van Diemen's Land under a proposed $200 million deal.