17 Jul 2019

Mayor disappointed about Westland Milk sale

From Morning Report, 8:48 am on 17 July 2019

The mayor of the Grey District Council is greeting news of the sale of Westland Milk to a foreign buyer as disappointing – but inevitable.

The Overseas Investment Office has approved the sale of the cash-strapped dairy co-operative to China's Yili dairy conglomerate.

The deal still requires High Court approval, with a hearing set down for Thursday.

The Grey District Mayor Tony Kokshoorn speaks with Kim Hill.