IPO an option as Fonterra confirms Consumer sale process
Co-op reports significant buyer interest as milk price forecast raised.
Farmers can look forward to multibillion dollar capital return from selling Fonterra's Consumer brands.
Dairy co-op Fonterra says it has decided to go ahead with the sale of its Consumer business units flagged in May after receiving “meaningful buyer interest”.
In a statement to the NZX, Fonterra said it was preparing for a sale process to pursue options for a trade sale or an initial public
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