Market Alert: Strong Nuclear Tensions in South Asia Assessing the Fallout on Global Equity Markets
Fonterra Co-operative Group Ltd (NZX: FCG) has announced plans to divest its consumer brands through either a trade sale or an initial public offering (IPO). The decision follows Fonterra's May announcement of a potential full or partial sale of its consumer-focused channels, Fonterra Oceania and Fonterra Sri Lanka, to concentrate on its ingredients and food service divisions. Fonterra’s well-known consumer brands include Anchor, Mainland, Kāpiti, and Anlene. To support the divestment, the company has appointed Jarden, Craigs Investment Partners, and JP Morgan for advisory services.
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