Jarden: $2 per share capital return possible if Fonterra gets full price for consumer business

(Image: NZME)

Fri, 17 May 2024

Investors in Fonterra could be in for a $2-a-share capital return if it gets full price for its consumer business, Jarden says.Yesterday, the co-op announced it was looking at options for its consumer business, either through a full or partial divestment, as well as for Fonterra Oceania and Fonterra Sri Lanka.In a note on the Fonterra Shareholders Fund (FSF) – which is separate from the co-operative – Jarden analyst Arie Dekker said that all up, the assets represented $3.4 billion of invested capital, “with divestment paving t...

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