On the Money: Synlait, ferries, non-announcements and more

On the Money: Synlait, ferries, non-announcements and more
Synlait's new chair George Adams is a fan of Fonterra's new strategy. (Image: NZME)
Dileepa Fonseka
On the Money is our weekly newsletter of general frippery from the worlds of business and government.Fonterra has received a glowing endorsement for its recently announced strategy to sell off all its consumer brands and focus on ingredients.And Fonterra watchers will be pleased to know that endorsement comes courtesy of another titan of NZ dairy: Synlait. Synlait’s newly elected chair George Adams had nothing but good things to say about the co-operative’s recently announced strategy pivot.“Fonterra’s core bus...

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