{"id":290961,"date":"2026-02-19T03:13:10","date_gmt":"2026-02-19T03:13:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/290961\/"},"modified":"2026-02-19T03:13:10","modified_gmt":"2026-02-19T03:13:10","slug":"fonterra-shareholders-say-oui-to-3-2b-capital-return-from-sale-of-mainland-to-lactalis","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/290961\/","title":{"rendered":"Fonterra shareholders say \u2018oui\u2019 to $3.2b capital return from sale of Mainland to Lactalis"},"content":{"rendered":"<p class=\"nfOBuVOCysHhj\" style=\"display:none\">The co-operative is targeting a tax-free capital return of $2.00 per share to shareholders and unit holders, equivalent to around $3.2 billion, once the sale is complete.<\/p>\n<p class=\"nfOBuVOCysHhj\" style=\"display:none\">Fonterra last year struck a deal to sell Mainland to Lactalis for a higher-than-expected $4.22b.<\/p>\n<p class=\"nfOBuVOCysHhj\" style=\"display:none\">Analysts estimate the sale will deliver about $400,000 tax-free to the average Fonterra farmer.<\/p>\n<p class=\"nfOBuVOCysHhj\" style=\"display:none\">The sale will also mean Fonterra will have $1b to spend over the next three to four years in projects to generate further value through its remaining high-performing Ingredients and Foodservice businesses.<\/p>\n<p class=\"nfOBuVOCysHhj\" style=\"display:none\">Jamie Gray is an Auckland-based journalist, covering the financial markets, the primary sector and energy. He joined the Herald in 2011.<\/p>\n<p>Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our <a href=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.nzherald.co.nz\/my-account\/profile\/newsletters\/?from=cmp\">Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"The co-operative is targeting a tax-free capital return of $2.00 per share to shareholders and unit holders, equivalent&hellip;\n","protected":false},"author":2,"featured_media":290962,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[161229,161228,15385,161230,138,10166,1288,3311,7224,12967,7226,17766,11775,71,13313,1437,305,38118,23394,111,139,69,1118,161227,23940,1527,1133,5659,26264,30203,61],"class_list":{"0":"post-290961","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-2pershare","9":"tag-32b","10":"tag-approved","11":"tag-arising","12":"tag-business","13":"tag-businesses","14":"tag-capital","15":"tag-consumer","16":"tag-dairy","17":"tag-farmers","18":"tag-fonterra","19":"tag-fonterras","20":"tag-french","21":"tag-from","22":"tag-giant","23":"tag-global","24":"tag-have","25":"tag-lactalis","26":"tag-mainland","27":"tag-new-zealand","28":"tag-newzealand","29":"tag-nz","30":"tag-of","31":"tag-oui","32":"tag-related","33":"tag-return","34":"tag-sale","35":"tag-say","36":"tag-shareholder","37":"tag-shareholders","38":"tag-to"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/290961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=290961"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/290961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/290962"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=290961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=290961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=290961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}