Outlook for Fonterra's Australian business remains uncertain says independent report

Outlook for Fonterra's Australian business remains uncertain says independent report
“Question marks remaining in relation to the group’s decision to hold the Australian business.” (Image: Fonterra)
Rebecca Howard
The outlook for Fonterra’s Australian business remains uncertain over the medium and longer term, according to a report from Northington Partners.There are some “question marks remaining in relation to the group’s decision to hold the Australian business,” it said.In 2021, the co-op announced plans to divest both Chile and Australia. At the time, an initial public offering of 49% looked to be an option for the Australian business.  However, it opted to keep Australia arguing its “important role” in the c...

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