News | Business
22 Aug 2025 16:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     22 Aug: A possible reprieve is on the horizon for steel, pharmaceutical and timber exporters
     22 Aug: A media commentator says Sky's slump in profits isn't as dire as it seems
     22 Aug: First home buyers are holding one of their strongest positions in the property market in 20 years
     22 Aug: Lower interest rates and bulkier KiwiSaver accounts have helped propel first home buyers to the highest share of purchases in 20 years
     22 Aug: SkyCity's pushing back, against opposition to its heavily discounted capital raise
     21 Aug: Auckland FC are happy to cope with a brief hiatus as they look to expand their dominion into the women's game
     21 Aug: The uncertainty isn't over for dairy farmers
     Top Stories

    RUGBY RUGBY
    A 14th member of the All Blacks' 100 club More...


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



     Today's News

    Politics:
    US government says 55 million people who already have visas are subject to 'continuous vetting' 16:17

    Christchurch:
    A person's seriously injured following a medical incident at the Selwyn Aquatic Centre in Canterbury 16:17

    Entertainment:
    Noel Gallagher is having a "great" time being back in Oasis with his brother Liam Gallagher 16:12

    National:
    The Cochrane library is a global source of independent health evidence for everyone – why is NZ restricting access? 16:07

    International:
    What is silicone and how does it compare to plastic in the kitchen? 16:07

    Entertainment:
    Perrie Edwards was "embarrassed" when she broke up with Zayn Malik 15:42

    Environment:
    New Zealand authorities have confirmed there's no tsunami risk here after a 7.5 earthquake off South America 15:37

    Business:
    A possible reprieve is on the horizon for steel, pharmaceutical and timber exporters 15:27

    Entertainment:
    Kevin Costner has sought to have a sexual harassment lawsuit brought by a stuntwoman dismissed 15:12

    International:
    Meet MAX, the 'chilling' new development in Vladimir Putin's 'digital iron curtain' 15:07


     News Search






    Power Search


    © 2025 New Zealand City Ltd