FilingReader Intelligence
Fonterra sells consumer businesses to Lactalis for NZ$3.8bn
August 21, 2025 at 08:49 PM UTC•By FilingReader AI
Fonterra agreed to sell its global consumer businesses to Lactalis for NZ$3.845 billion, potentially rising to NZ$4.220 billion. The deal requires farmer shareholder approval and regulatory clearances, targeting completion in first half 2026.
The company plans a tax-free capital return of NZ$2.00 per share, totaling approximately NZ$3.2 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
NZX:FSF•New Zealand Exchange
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