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7 Dec 2024 22:12
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  •   Home > News > Business

    Another global dairy giant could take over some of Fonterra's most well-known brands

    Another global dairy giant could take over some of Fonterra's most well-known brands


    Fonterra
    Fonterra
    The New Zealand dairy co-op has confirmed plans to sell off its consumer arm, for up to three billion dollars.

    That would see it relinquish well-known brands like Anchor, Mainland Cheese and Kapiti Ice Cream.

    Forsyth Barr Senior Analyst Matt Montgomerie says Fonterra's reporting meaningful buyer interest for a potential trade sale.

    He says another dairy giant like Nestle or Danone could be interested.

    © 2024 Newstalk ZB, NZCity

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     Today's News

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    Cricket:
    England are in control after two days of the second cricket test against New Zealand in Wellington 21:17

    International:
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    The family of a teen who died on an Orlando amusement park ride, has been paid out more than 500 million New Zealand dollars 18:57

    Environment:
    Firefighters are struggling to control the massive wildfire in Canterbury 18:37

    Soccer:
    Auckland FC have made a strong start to their A-League derby with the Wellington Phoenix at Mount Smart Stadium 18:07

    Rugby League:
    One of the Breakers' younger players is challenging himself to lead from the front when they host the Sydney Kings tonight 17:27

    Basketball:
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    Cricket:
    Australia will be looking to keep their foot on the gas when day two of the second cricket test with India begins in Adelaide 16:17

    Basketball:
    Tall Blacks big Tai Wynyard is rejoining the Breakers as injury cover ahead of tonight's clash with the Sydney Kings in Wellington 15:27


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