Fonterra says potential Mainland buyers may soon tap regulators for pre-approval

Fonterra divestment plans continue. (Image: NZME)

Thu, 17 Apr 2025

Fonterra Co-operative Group says it is now at the stage of its consumer divestment, where some potential purchasers may be seeking regulatory approvals.The co-op named Anne Templeman-Jones on Thursday afternoon as chair-elect of the audit and risk committee for Mainland Group, if it were spun and listed.It is running a dual-track process, pursuing both a trade sale and initial public offering (IPO), of the business which includes all of its operations in Australia and Sri Lanka.Templeman-Jones’ appointment follows Liz Coutts being named c...

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