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Reuters

Reuters

Business

Business & Economics

Fonterra to engage potential buyers for consumer-facing businesses, appoints IPO team

Reuters
Summary
Nutrition label

82% Informative

Dairy giant Fonterra says it will engage with potential buyers of its global consumer business and integrated businesses.

New Zealand -based company also named key management team members in preparation for an initial public offering.

The operations being considered for a possible sale or divestment accounted for about 19% of group's operating earnings in first half of fiscal 2024 .

VR Score

92

Informative language

97

Neutral language

78

Article tone

formal

Language

English

Language complexity

67

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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