The MG fallout for Fonterra

Murray Goulburn has shocked the share market today by announcing it will close three factories and “forgive” the MSSP. The news may be just as important for Fonterra suppliers as its own.

While Fonterra deliberates on how it will respond, I thought I’d repost this Q&A from November, which makes very interesting reading in light of today’s announcement.

2 thoughts on “The MG fallout for Fonterra

  1. I think the shock to the stock market may have been more about forgiveness of the debt, than the closure of factories Marian. The forgiveness of debt is just another decision flying in the face of another class of owners

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