Early Edition with Kate Hawkesby
Matt Montgomerie: Forsyth Barr Senior Analyst says Fonterra's sale could see global interest
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:05:00
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Sinopsis
Fonterra is expected to receive global interest when it sells off some of its most well-known brands. The dairy giant has confirmed plans to sell its consumer arm, including brands like Anchor, Mainland Cheese, and Kapiti Ice Cream. The sale could bring in up to $3 billion. Forsyth Barr Senior Analyst Matt Montgomerie told Ryan Bridge he expects large dairy companies like Nestle would make a bid if it's put to a trade sale. He says there could be multiple buyers at play, or the brands could be sold through an IPO. LISTEN ABOVE See omnystudio.com/listener for privacy information.