
Fonterra's consumer business sale and how it might look
Lack of capital for the FMCG operation is not the only reason for Fonterra's exit.
Lack of capital for the FMCG operation is not the only reason for Fonterra's exit.
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Slipping share of milk supply market raises shareholder concern.
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Scott Humphreys started the company with a wheelbarrow and a station wagon.
Private equity is seen as a likely buyer for Fonterra's consumer business.
The dairy co-op says it continues to explore potential divestment options.
Retaining a premium price in the future could be a problem, Zespri warns.
Fonterra’s shares and units have performed strongly over the past 12 months.
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Dairy co-operative reiterates it is not 'a natural owner' of consumer products business.
Dairy co-operative lifts forecast milk price for 2024-2025 by 50c/kg milk solids.
Plans for the sale of the consumer business are also in the market spotlight.
Shareholders vote in favour of a $217m equity raise.
It follows on from a $75m investment in a new protein plant at Studholme.
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The dairy company has a new syndicate with eight banks.
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