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$1b payout not reliant on Australia sell-down, says Fonterra

Co-op still analysing its options after flagging possible IPO.

Fonterra chief financial officer Marc Rivers

Tim Hunter Thu, 26 May 2022

Dairy giant Fonterra has confirmed its proposed $1 billion capital return does not rely on a sell-down of its Australian business, which was flagged last September for a possible IPO.

Announcing its third quarter financial performance to the market this morning, Fonterra chief executive Miles

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Tim Hunter Thu, 26 May 2022
Contact the Writer: thunter@nbr.co.nz
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$1b payout not reliant on Australia sell-down, says Fonterra
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