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22 Aug 2025 13:58
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      Home > News > Business

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

    The Prime Minister's celebrating Fonterra's sale of it's consumer arm to a foreign dairy giant

    22 August 2025

    Fonterra
    Fonterra
    The dairy co-op today inked a 3.8 billion dollar deal with French firm Lactalis .

    Brands like Anchor and Mainland will be sold to the company as part of the deal.

    Chris Luxon says most of that money will be returned to shareholders who are farming across New Zealand and spent in their local economies.

    The deal is pending shareholder approval.

    © 2025 Newstalk ZB, NZCity


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