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21 Feb 2025 14:56
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  •   Home > News > Business

    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering

    Fonterra has chosen to name its consumer business Mainland Group -- rather than Anchor - as it looks for a buyer, through either a trade sale or an Initial Public Offering


    Fonterra
    Fonterra
    Chief Executive Miles Hurrell says the brand has a strong New Zealand heritage, well known here and around the world.

    Managers will start meeting potential investor groups next month.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     21 Feb: Spark's reporting a 78-percent drop in first half profit
     21 Feb: Exporters are continuing to benefit from high commodity prices and the low Kiwi dollar
     21 Feb: A call to help lower building costs - after a hike over the past four years
     21 Feb: Air New Zealand expects to be short of planes for at least another two or three years
     21 Feb: The country's construction costs could improve - following a 44-percent average rate increase over the last four years
     20 Feb: The Child Poverty Reduction Minister attributes stagnant progress to tough economic conditions
     20 Feb: The economic downturn is hitting bottom lines, in latest half-year business results
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    Spark's reporting a 78-percent drop in first half profit More...



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