Fonterra still looking at trade sale and IPO options

Fonterra will be engaging with potential buyers of the Consumer and associated business over the coming weeks. (Image: NZME)

Rebecca Howard

Wed, 19 Feb 2025

Fonterra Co-operative Group continues to test both a trade sale and an initial public offering as potential divestment options for its global Consumer business and integrated businesses, Fonterra Oceania and Sri Lanka.“Our intention is to thoroughly test the terms and value of both a trade sale and IPO before selecting an option to put to farmer shareholders for a vote,” chief executive Miles Hurrell said.As part of the trade sale process, over the coming weeks Fonterra will be engaging with potential buyers of the Consumer and asso...

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