Fonterra's transparency questioned by analysts
The global dairy co-operative is criticised for not being upfront enough on its strategy despite spending an estimated $20 million on its ad campaign.
First New Zealand Capital is advocating for more transparency from Fonterra, with less improvement on that front than it had hoped for when outside investors were allowed in five years ago.
Analyst Arie Dekker has made the criticism in a client note ahead of the Fonterra Shareholder Fund
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Fiona Rotherham
Fri, 21 Jul 2017
Fri, 21 Jul 2017
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Fonterra's transparency questioned by analysts
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