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Bankers smarten up for Fonterra mandates

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New Zealand milk giant Fonterra is set to call in the bankers to vie for what’s expected to be hotly contested roles to help divest its businesses in Australian and Chile.

Street Talk understands Fonterra Co-operative Group will mail out formal request for proposals to investment banks next week, having told shareholders about its reviews on Thursday.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/bankers-smarten-up-for-fonterra-mandates-20210923-p58u8t