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Hot Topic Accountants
Hot Topic Accountants
General Business
4 mins to read

Fonterra vague on capital return figure

After deciding to retain its Australian business, Fonterra is no longer talking about a $1b number.

Fonterra chief executive Miles Hurrell.

Tim Hunter Thu, 22 Sep 2022

Fonterra is refusing to put a number on its aspiration for a capital return after closing the door on a float or partial sale of its Australian business.

The dairy co-op said today it would retain 100% of its business in Australia, a year after announcing its ownership was under review.

While the

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Tim Hunter Thu, 22 Sep 2022
Contact the Writer: thunter@nbr.co.nz
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Fonterra vague on capital return figure
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