20 Feb 2026

Fonterra Shareholders in for a windfall

From Morning Report, 6:09 am on 20 February 2026

Fonterra Shareholders are in for a windfall, after voting to receive a capital return of $3.2 billion dollars from the sale of the company's consumer brand business Mainland Group, to Lactalis. Ross Wallis is a dairy farmer in Raglan and spoke to Corin Dann.