NZ sharemarket finishes flat, down 0.1% – Market close
“There was some flow-through buying in the rebalancing of the MSCI indices. Not all of it was done…
Fonterra cuts milk price mid-point forecast to $9.50/kg
At the last sale on November 19, the GDT price index fell by 3% while whole milk powder…
Fonterra milk price outlook under pressure as global supply jumps
“The story is actually bigger than New Zealand,“ Stu Davison, senior manager of global insights at Chicago-based HighGround…
Fonterra phases out A2 milk range, introduces lactose free
The decision to phase out a2 milk was not related to the asset sale. In 2018, Fonterra and…
The sale of Mainland opens the door for Fonterra to shine – Jamie Gray
In addition, Fonterra will have $1b to spend over the next three to four years in projects to…
Fonterra sale: Economists see payout boosting provincial spending
Mike Jones, chief economist at BNZ, said the extra cash flow for farmers would give them options. “I…
Farmers agree to sale of Fonterra’s consumer brands
Fonterra’s farmer shareholders have today voted in favour of selling its consumer businesses to French dairy giant Lactalis.…
Fonterra set to greenlight major sell-off pending shareholder’s approval
Fonterra set to greenlight major sell-off pending shareholder’s approval ZB Choose a region Shows Slide previous Slide next…
Northland farmers eye $150m windfall as Fonterra shareholders vote on Lactalis deal
The sale, which includes a long-term agreement for Fonterra to sell milk and ingredients to Lactalis, is expected…
Fonterra shareholders poised to back $4.2b consumer business sale to Lactalis
The deal involves the sale of some of Fonterra’s most recognised brands, including Anchor and Mainland. Fonterra says…
You Can Only Sell Your Stuff Once
THE RE-WRAP: You Can Only Sell Your Stuff Once ZB Choose a region Shows Slide previous Slide next…
Why is Fonterra selling off its dairy brands – and why is Winston Peters angry about it?
What is Fonterra selling? Fonterra, a dairy cooperative owned by about 10,000 farmers, essentially buys raw milk from…