Fonterra great? It can barely afford to be ordinary

Fonterra is rightfully concerned about its own medium-term survival.

Tue, 11 May 2021

In examining Fonterra’s latest capital restructuring proposal, Peter Fraser asks whether it is a case of ‘third time lucky‘ or has Fanshaw Street latched onto something else entirely? Fonterra. Outside of largely rural gatherings of the cooperative faithful, the very name is likely to elicit a groan. This is not surprising. Fonterra is like that kid from the good family – the one who got all the chances – yet never lived up to the wunderkind promises. Now just shy of its 20th birthday, long gone are the n...

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