Powered by
Fonterra prefers alliances to chasing acquisitions
Mar 23, 2017 - Australian Financial Review

Fonterra Co-operative

Shares (last) $5.68 -1¢

Close Change

*Payable April 20

Int div* (NZ) 20¢ 20¢

EPS 26¢ 25¢

Net ($NZm) 418 409

Pre-tax ($NZm) 487 486

Sales ($NZm) 9241 8838

Half year 2017 2016

The world's largest dairy exporter, Fonterra Co-operative, will seek strategic alliances rather than pursue growth via acquisition, confirming it is not interested in buying its customer, troubled infant formula maker Bellamy's Australia.

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox