GDT needs independence from Fonterra to grow - NZX
NZX and EEX’s credibility should attract non-Fonterra suppliers to auction platform.
Will Mace
Thu, 17 Feb 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX Ltd will not expect a dividend from its $12.5 million acquisition of one-third of Fonterra’s Global Dairy Trade business for at least three years, while it expects further capital expense of $3.2m to market the auction platform to a wider range of dairy sellers and market speculators.
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Will Mace
Thu, 17 Feb 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
