News | Rural
13 Nov 2019 5:35
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  •   Home > News > Rural

    Fonterra has agreed the sale of its 50-percent share in pharmaceutical company D-F-E Pharma

    Fonterra has agreed the sale of its 50-percent share in pharmaceutical company D-F-E Pharma


    Fonterra
    Fonterra
    The dairy cooperative says cash from the sale, along with proceeds from other asset sales like Tip Top, will provide more than one billion dollars for debt reduction.

    Fonterra is due to release its annual results tomorrow.

    © 2019 Newstalk ZB, NZCity


     Other Rural News
     06 Nov: Global dairy prices have risen 3.7-percent at Fonterra's latest overnight auction
     22 Oct: Good news for farmers from Fonterra this morning
     18 Oct: Trouble at Fonterra, but not of the financial kind this time
     17 Oct: Emergency services are trying to establish what caused a chemical explosion at a Fonterra plant north of Whangarei
     16 Oct: Despite public perception - a dairy farmer says most farmers... are doing they best job they can
     16 Oct: Global dairy prices have edged up point-five-percent at Fonterra's latest overnight auction
     09 Oct: The Agriculture Minister says improving the performance of Fonterra is in everyone's interests
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