Big news for Fonterra, a huge dairy company! They're thinking about selling off some of their businesses. This might happen through a sale to another company, or they could do an IPO. An IPO is like when a company shares tiny pieces of itself with lots of people who want to invest, so they can make money from the company's growth. This is all happening in New Zealand.
- Fonterra is considering selling or sharing parts of its business.
- They might sell to another company or do an IPO (Initial Public Offering).
- The parts they are selling made up about 19% of their earnings recently.
- If they do an IPO, the new company will be called Mainland Group.
| Fact | Number/Detail |
|---|---|
| Percentage of earnings from parts being sold | 19% |
| New company name (if IPO) | Mainland Group |
