New Zealand

Westland's Rolleston site.

Westland urges shareholders to approve sale to Yili

By Jim Cornall

The board of Westland Co-operative Dairy Company Limited is urging all its shareholders to exercise their votes at, or before, the Scheme Meeting on July 4 to support the sale of the cooperative to Hongkong Jingang Trade Holding Co., Limited, a wholly...

The sale of Westland to Yili is subject to shareholder and High Court approval. Pictured: Westland's Rolleston plant.

Yili set to buy NZ’s Westland for $404m

By Jim Cornall

The board of New Zealand’s Westland Co-operative Dairy Company Limited has signed a conditional scheme implementation agreement to sell the West Coast dairy cooperative to Hongkong Jingang Trade Holding Co., Limited (Jingang), a wholly-owned subsidiary...

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