Milking the Markets: Potential Mainland Group IPO taking shape

Milking the Markets: Potential Mainland Group IPO taking shape
Fonterra's Western Star is a popular butter brand in Australia. (Image: BusinessDesk)
Riley Kennedy
The structure of Fonterra Co-operative Group’s soon-to-be carved-out multibillion-dollar consumer entity is quickly taking shape.Mainland Group's leadership is on the road, so to speak, meeting investor groups this week ahead of a potential initial public offering (IPO).It is understood chief executive-elect René Dedoncker and chief financial officer-elect Paul Victor are in New Zealand Monday and Tuesday before returning across the Tasman, where they are based, for meetings in Australia on Wednesday and Thursday and heading to...

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Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025