News | Rural
20 Jan 2025 5:17
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  •   Home > News > Rural

    Uncertainty around Fonterra's plan to sell well-known brand Anchor

    Uncertainty around Fonterra's plan to sell well-known brand Anchor


    Fonterra
    Fonterra
    The diary giant has signalled its intent to divest some or all of its global consumer business, including Fonterra Oceania and Fonterra Sri Lanka.

    Lincoln University Adjunct Professor Jacqueline Rowarth says Anchor is synonymous with New Zealand.

    She says Anchor was sold at one point and then bought back, and we shouldn't do that again -- so it needs to be a very good offer.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     15 Jan: Good news for dairy farmers - not so good for everyone else
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
     11 Nov: Good news for Kiwi dairy farmers, and more could be on the way
     06 Nov: Some good news for dairy farmers in today's Global Dairy Trade auction
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     Today's News

    Accident and Emergency:
    The Police National Dive Squad is expected to deploy today in the search for a missing jetskier in Lake Taupo 5:07

    Auckland:
    Fire crews have left the scene at Auckland's Mangere Mountain after a scrub fire reignited 5:07

    Politics:
    Gaza ceasefire live updates: Ceasefire begins between Israel and Hamas 4:57

    Law and Order:
    Police are continuing to look into two unexplained deaths over the weekend 4:57

    Golf:
    Kiwi golfer Daniel Hillier has had to settle for second at the European Tour's lucrative Dubai Desert Classic 4:47

    Politics:
    It's unclear how Shane Reti's demotion will impact the health system 4:47

    Tennis:
    Spaniard Carlos Alcaraz has won a shortened match to reach the quarter-finals of the Australian tennis Open 21:56

    Tennis:
    Women's third seed Coco Gauff has come from a set down to beat Belinda Bencic in the fourth round of the Australian tennis Open in Melbourne 18:56

    International:
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    International:
    Man has nine relatives killed in IDF air strike as Gaza is pummeled ahead of Israel-Hamas ceasefire 18:36


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