Fonterra appealling Aussie court ruling over Bega brand licence

Fonterra appealling Aussie court ruling over Bega brand licence
Mike Cronin is leading the divestment within Fonterra. (Image: Fonterra)
Riley Kennedy
Fonterra Co-operative Group is appealing an Australian court ruling that refused to rule on whether its consumer divestment would impact its brand licence agreement with Bega Group.Late last year, the co-op went to the New South Wales Supreme Court seeking a determination that the brand licence wouldn’t be impacted. Last week, the court said it could not make a decision as particular details of the divestment were not yet known.Fonterra has played it down, at least domestically, saying it did not change its plans and it may go back for a...

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