Fonterra still has no plans to sell Chilean business

Fonterra still has no plans to sell Chilean business
Fonterra's cows in southern Chile are not up for sale yet.
Rebecca Howard
Fonterra chief executive Miles Hurrell is upbeat about the latest result from the cooperative’s Chilean operations and says no decision has been made to sell.“It’s pleasing to see Soprole performing well, particularly given the challenging circumstances in Chile our businesses have navigated,” he told BusinessDesk.“Covid-19 continues to have a big impact on Chile, but like we’ve seen across many of our markets, it’s also increased demand for our products,” he said.Chile reported 5,497 new covid ca...

More Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

BX Foods settles director disputes, posts $7.9m loss
Primary Sector

BX Foods settles director disputes, posts $7.9m loss

The Chinese-owned food company removed three executives, alleging fiduciary breaches.

Riley Kennedy 03 Jul 2025