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Investment
4 mins to read

NZX raises $44m, buys dairy auction stake

Market operator announces investment in GlobalDairyTrade alongside full year results.

Will Mace
Thu, 17 Feb 2022

NZX Ltd has struck a partnership with Fonterra and the European Energy Exchange (EEX) to take equal shares in the dairy cooperative’s Global Dairy Trade (GDT).

The NZX released a statement to the market this morning quoting Fonterra CEO Miles Hurrell as saying the broader ownership structure

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Will Mace
Thu, 17 Feb 2022
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NZX raises $44m, buys dairy auction stake
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