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24 Oct 2025 11:58
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  •   Home > News > Politics

    The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision

    The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision


    Fonterra
    Fonterra
    If shareholding farmers vote Yes - giant French company, Lactalis will pay 4.2 billion dollars for the brands.

    NZ First's Winston Peters told farmers to reject the deal - and hinted at increasing regulation.

    But Chris Luxon says although politicians can have a view, it's up to farmers.

    He says the consumer brands business isn't as profitable as the ingredients business - so it makes sense to sell.

    © 2025 Newstalk ZB, NZCity

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