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22 Aug 2025 17:54
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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


    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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     Today's News

    Entertainment:
    Jay Cutler has insisted Kristin Cavallari's claim she never received "a penny" from their divorce is "very untrue" 17:42

    Soccer:
    Auckland FC insist they won't be idle after being forced to wait another two years to pitch a team into the women's A-League 17:27

    Entertainment:
    Ariana DeBose's mother has died 17:12

    Law and Order:
    Two Police officers have been bitten while arresting a man - after one was nearly hit by a car in Lower Hutt this morning 16:57

    Entertainment:
    Tamar Braxton claimed she "almost died" at the weekend 16:42

    Politics:
    US government says 55 million people who already have visas are subject to 'continuous vetting' 16:17

    Christchurch:
    A person's seriously injured following a medical incident at the Selwyn Aquatic Centre in Canterbury 16:17

    Entertainment:
    Noel Gallagher is having a "great" time being back in Oasis with his brother Liam Gallagher 16:12

    National:
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    International:
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