#Australia's Goodman Fielder snubs $1.2bn takeover offer
Australian food company Goodman Fielder has turned down a $1.2bn (£700m) joint takeover offer, from Singapore’s Wilmar and Hong Kong’s First Pacific.
#Fonterra software glitch hits milk, cheese supplies
Dairy heavyweight Fonterra has confirmed there are problems with deliveries of its Anchor and Mainland products to Waikato bakeries and other food makers after implementation of a new software system.
#NZX up as Fonterra trading strong
The New Zealand share market rose today as investors traded heavily in dairy giant Fonterra which listed its Shareholder’s Fund on the local bourse today.