Fonterra's Mainland Group to the NZX? Yes please, exchange boss says

NZX CEO Mark Peterson is enthused about potential tweaks to NZ's listing rules. (Image: NZME)

Tue, 25 Feb 2025

An initial public offering of Fonterra’s consumer business would be welcomed with open arms, the boss of the NZX says. On Feb 19, Fonterra announced the name of its prospective listed business would be Mainland Group as it prepared to either float or sell well-known brands including Anchor and Mainland. The co-op announced nine months ago it was considering putting the brands and its Australian and Sri Lankan businesses on the block. Fonterra hasn’t given any hints as to where it may list the business if it does choos...

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