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7 Jul 2025 16:39
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      Home > News > Business

    Fonterra has agreed the sale of its 50-percent share in pharmaceutical company D-F-E Pharma

    Fonterra has agreed the sale of its 50-percent share in pharmaceutical company D-F-E Pharma


    Fonterra
    Fonterra
    The dairy cooperative says cash from the sale, along with proceeds from other asset sales like Tip Top, will provide more than one billion dollars for debt reduction.

    Fonterra is due to release its annual results tomorrow.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
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     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
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    The All Blacks are confident Rieko Ioane will find his footing with his return to the wing ahead of the second test against France in Wellington More...

    BUSINESS BUSINESS
    The hard questions NZ must ask about the claimed economic benefits of fast-track mining projects More...


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