Fonterra’s consumer operation is not far away from getting its new owner. (Image: Supplied)The soon‑to‑be owner of Mainland Group has committed to $100 million in capital expenditure as part of its new investment in New Zealand. The $4.2 billion deal for Fonterra Co-operative Group to sell the consumer dairy business to French giant Lactalis might have been one of the largest corporate transactions in New Zealand’s history.But the Government appears to have thought it did not warrant a national interest assessment.Watch Herald NOW: Investment commitments vary from a promo to a promise looking at the market today.After a 15...

Source: Stuff February 15, 2026 19:24 UTC