Fonterra Plans to Exit Australia

Fonterra (ASX:FSF), the large Kiwi dairy group, wants to exit Australia.The company owns household brands such as Western Star butter, Perfect Italiano, and Mainland cheese, and has eight Australian m

sharecafeMay 16 02:23 ET

New Zealand Shares Rebound on Easing US Inflation; Scales to Acquire Orchard Assets

New Zealand shares rebounded on Thursday's close following the release of the US consumer price index data for April which showed that inflation is back on the downward trend. The S&P/NZX 50 Index jum

MT NewswiresMay 16 01:51 ET

Fonterra Shareholders' Fund to Divest Global Consumer Business, Fonterra Oceania, Fonterra Sri Lanka

Fonterra Shareholders' Fund (NZE:FSF, ASX:FSF) will appoint advisors to fully or partially divest some or all of its global consumer business and its Fonterra Oceania and Fonterra Sri Lanka businesses

MT NewswiresMay 15 17:29 ET

Fonterra Shareholders Fund Appoints Andrew Murray as CFO

Fonterra (NZE:FSF, ASX:FSF) appointed Andrew Murray as chief financial officer effective Aug. 1, according to a Thursday New Zealand bourse filing. Price (AUD): $3.30, Change: $, Percent Change: %

MT NewswiresMay 8 17:40 ET

Fonterra New Zealand Milk Production Falls 3.5% on Year in March

Fonterra Shareholders Fund's (ASX:FSF, NZE:FSF) New Zealand milk production fell 3.5% in March and Australian production increased 8.7% in February compared with the year prior, according to a Tuesday

MT NewswiresApr 30 17:37 ET

Fonterra Apponts Permanent COO

Australian and New Zealand dairy cooperative Fonterra (NZE:FSF, ASX:FSF) has appointed Anna Palairet as permanent COO. Palairet has been acting in the role since June 2023, according to a Friday New Z

MT NewswiresApr 18 18:37 ET