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6 Dec 2025 6:48
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      Home > News > Business

    Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland

    Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland

    4 December 2025

    Fonterra
    Fonterra
    French company Lactalis is seeking regulatory approval to purchase Fonterra's consumer arm for 4.2 billion dollars.

    It's now received approval from some regulators, including New Zealand's Overseas Investment Office, but is still seeking regulatory approval from others.

    Fonterra now expects to put its proposed return to shareholders to a shareholder vote on February 19.

    The dairy co-op's also providing a financial update - forecasting earnings of 45 to 65 cents per share for the current season.

    © 2025 Newstalk ZB, NZCity


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