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24 Aug 2025 12:35
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  •   Home > News > Business

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant


    Fonterra
    Fonterra
    The dairy co-op today inked a 3.8 billion dollar deal with French firm Lactalis .

    Brands like Anchor and Mainland will be sold to the company as part of the deal.

    Chris Luxon says most of that money will be returned to shareholders who are farming across New Zealand and spent in their local economies.

    The deal is pending shareholder approval.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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    The Pumas have beaten the All Blacks for the very first time on home soil More...


    BUSINESS BUSINESS
    Fonterra farmers are being tight-lipped on how they feel about selling its largest brands - including Anchor and Mainland More...



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