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24 Oct 2025 8:02
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  •   Home > News > Business

    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering

    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering


    Fonterra
    Fonterra
    Chief Executive Miles Hurrell says the brand has a strong New Zealand heritage, well known here and around the world.

    Managers will start meeting potential investor groups next month.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     24 Oct: Another business has been handed a hefty fine for cartel conduct
     24 Oct: The proposed sale of Fonterra's Anchor and Mainland brands could unlock around 4.5 billion dollars in spending
     24 Oct: Chinese Communist Party body replaces 11 members amid corruption purge
     23 Oct: The Commerce Commission's released new guidelines - to try to cut confusion in telco pricing
     23 Oct: A Chinese court's ordered hundreds of hectares of kiwifruit plants to be ripped out - in a landmark intellectual property ruling
     23 Oct: The fire fighters union and Fire and Emergency are heading back to the bargaining table
     23 Oct: Westpac's warning desperate jobseekers to stay vigilant - following a spike in employment scams
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    Another business has been handed a hefty fine for cartel conduct More...



     Today's News

    International:
    Donald Trump's trade moves with China put South-East Asian countries in the crossfire 7:57

    Rugby League:
    Warriors boss Cameron George has welcomed the retention of halfback Luke Metcalf 7:57

    Cricket:
    To the women's cricket World Cup... New Zealand are out of contention with a game to play at the tournament after losing to India by 53 runs via the Duckworth-Lewis Method 7:47

    Business:
    Another business has been handed a hefty fine for cartel conduct 7:47

    Accident and Emergency:
    One person's died after a single vehicle crash near Ashburton 7:37

    Entertainment:
    Sophie Ellis-Bextor was convinced to let Murder on the Dancefloor be used in the final scene of Saltburn when she discovered Barry Keoghan would be dancing naked to her hit single 7:30

    Business:
    The proposed sale of Fonterra's Anchor and Mainland brands could unlock around 4.5 billion dollars in spending 7:27

    Motoring:
    Movement around some parts of the South Island remains limited, with several highways closed due to the weather 7:27

    Business:
    Chinese Communist Party body replaces 11 members amid corruption purge 7:27

    Law and Order:
    Former British soldier found not guilty of 1972 Bloody Sunday murder charges 7:07


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