Fonterra's plans unchanged despite court ruling

The court said it was too early to make a call on Fonterra's position. (Image: NZME)

Mon, 28 Apr 2025

News that the Supreme Court of New South Wales was unable to determine whether the provisions of Fonterra’s licensing agreement with Bega Cheese are impacted by a divestment process, do not change its plans, Fonterra says. The co-op is currently running a dual-track process, pursuing potentially a trade sale and initial public offering (IPO), to divest its global consumer business and integrated businesses, Fonterra Oceania and Sri Lanka.It registered Mainland Group Holdings on April 1 and said it would be the top entity sold in a tr...

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