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Fonterra explores selling its global consumer business, considering both a sale and an IPO.
Fonterra, a New Zealand dairy cooperative, is exploring options to divest its global consumer business and integrated businesses in Oceania and Sri Lanka.
The company is considering both a trade sale and an IPO, with the latter under the name "Mainland Group."
CEO Miles Hurrell plans to engage with potential buyers and present the options to farmer shareholders for a vote.
The goal is to maximize value for farmers and strengthen Fonterra's competitive position in ingredients and foodservice.
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Fonterra explora la venta de su negocio de consumo global, considerando tanto una venta como una IPO.