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22 Aug 2025 21:12
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  •   Home > News > Business

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant


    Fonterra
    Fonterra
    The dairy co-op today inked a 3.8 billion dollar deal with French firm Lactalis .

    Brands like Anchor and Mainland will be sold to the company as part of the deal.

    Chris Luxon says most of that money will be returned to shareholders who are farming across New Zealand and spent in their local economies.

    The deal is pending shareholder approval.

    © 2025 Newstalk ZB, NZCity

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    New All Blacks loose forward Simon Parker's determined not to let his impending debut gnaw away at him ahead of Sunday morning More...


    BUSINESS BUSINESS
    A possible reprieve is on the horizon for steel, pharmaceutical and timber exporters More...



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