NEW ZEALAND: Hopes for quick merger between Kiwi Dairies and NZ Dairy Group
After the first attempt at a merger between dairy industry giants New Zealand Dairy Group and Kiwi Dairies fell apart nine months ago, it always seemed possible that the respective executives would try again to find agreeable terms for the creation of a mega co-op that is expected to boost export dairy sales from NZ$7.7bn to NZ$30bn by 2010.
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