The end to an expensive exercise in free trade is formalised. NZ $165M will look good on the negative side of the books in this recession.
Or is it the end?
The Fonterra brand has taken a hit as NZ's largest company and about fifth largest dairy company in the world.
I still wonder is there more yet to be divulged. Something just does not stack up with the Fonterra story to date. I cannot believe that a company such supposed expertise and skill in their laboratories and product would have not noticed the goings on.
Someone is being very economical with the truth.
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