Fonterra Sells Consumer Business to Lactalis for $3.845 Billion

By Lynda Kiernan-Stone Following a 15-month process of consideration of either a trade sale or an IPO as divestment options, Fonterra has agreed to sell its global consumer business and its associated brands (excluding China), its integrated foodservice and ingredients businesses in Oceania and Sri Lanka, and its foodservice business in the Middle East and […]