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26 Jun 2024 5:35
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  •   Home > News > Business

    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.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    NZ Rugby CEO says further work needed to achieve sustainable model following $8.9m loss More...


    BUSINESS BUSINESS
    A Christchurch businessman is being accused of running a major black-market cigarette factory More...



     Today's News

    Law and Order:
    Several teens have been arrested in connection with a violent aggravated robbery from a Papatoetoe jewellery store in the weekend 21:57

    Entertainment:
    Sean Penn has recalled a SWAT team forcing their way into his house during his marriage to Madonna 21:30

    Hamilton:
    A person on a mobility scooter has died after being hit by a vehicle in Hamilton 21:17

    Entertainment:
    Shania Twain isn't bitter about the misfortunes that have occurred in her life as she believes everything happens for a reason 21:00

    Entertainment:
    Elon Musk has become a father for the 12th time 20:30

    Entertainment:
    Tom Cruise, Ashton Kutcher and Mila Kunis were among the stars who turned out to watch Taylor Swift perform at London's Wembley Stadium on Saturday (22.06.24) night 20:00

    Entertainment:
    Paloma Faith admits it's "confusing" still getting on well with her ex Leyman Lahcine 19:30

    Entertainment:
    Ronan Keating is loving being a grandfather and has hailed his son Jack a "great" dad 19:00

    Law and Order:
    Police have made an arrest over a kidnapping incident that happened in Auckland's Te Atatu Peninsula yesterday afternoon 18:58

    Rugby League:
    Warriors coach Andrew Webster has avoided making wholesale changes to his squad - despite their disastrous NRL loss to the Titans 18:38


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