Fonterra Shareholders' Fund rides Mainland sale surge, from $3.60 to $8

There was plenty of cream on the top for investors in Fonterra's landmark deal to sell its consumer business. (Image: Fonterra)

Rebecca Stevenson

Tue, 18 Nov 2025

Investors are in line for a chunky share of more than $200 million in Fonterra’s Mainland Group sale. Fonterra has inked a $4.2 billion deal to sell its consumer assets to French multinational Lactalis. It's not just the dairy co-operative's farmers who will get a windfall. Investors can own units in the Fonterra Shareholders’ Fund, which is listed on the NZX. At the end of August, 6.67% of Fonterra’s total shares on issue were held in the fund. That means the fund’s potential s...

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