Fonterra Group submitted documents to the New Zealand Stock Exchange, announcing the commencement of roadshow meetings with potential investor groups as part of its global consumer business divestment plan. These meetings will take place in New Zealand, Australia, and Asia.
Fonterra stated that it has decided to retain its manufacturing facility in Saudi Arabia and its Greater China consumer business. The documents also indicate that if the divested business proceeds with a public listing, it will be named Mainland Group. (Source: Jiemian News)
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