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	Podcast:		Checkpoint
	Episode:		Farmers vote to sell Fonterra's iconic brands
	Category:		News & Politics
	Duration:		00:08:50
	Publish Date:		2025-10-30 04:08:00
	Description:		More than 88 percent of Fonterra's famer shareholders today voted to sell Mainland, Kapiti and Anchor to French dairy giant Lactalis for $4.2 billion. Winston Peters' has labelled the decision utter madness, economic self-sabotage and an outrageous short-sighted sugar hit. It's estimated farmer shareholder will get an average tax free payout of about $392,000. Chair of Fonterra's coperative council and farmer, John Stevenson spoke to Lisa Owen.
	Total Play:		0