Kiwi milk giant Fonterra has thrown its Australian business into the 2022 initial public offering pipeline, flagging a deal that could value it at $1 billion to $2 billion.
In a statement on Thursday morning, Fonterra said it was considering the most appropriate ownership structure for Fonterra Australia, including an IPO.
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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
