Money

BREAKING: Dairy Farms NZ To Liquidate + Return Assets To Shareholders In Sell-Down

"We've determined the best way to do that is to sell the assets...and return that net capital to the investors," he says.

Dairy Farms NZ CEO Craig McBeth announces on Wednesday the company's bold decision to sell its prized dairy farms and liquidate assets.

He delves into the reasons behind the decision, citing multiple different factors that have ultimately led to this decision.

McBeth also comments on the current trends in the New Zealand dairy industry and discusses the future of both Dairy Farms NZ and the industry as a whole.

Listen to the full chat between Craig McBeth and Dominic George above.

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