Fonterra's divestment plan aims to sell its Anchor, Mainland brands and Oceania assets in Australia and New Zealand. This move is not a surrender but an effort to expand more quickly into new markets.

Miles Hurrell, Fonterra's CEO, emphasized that simplifying the company's cooperation structure will help the company grow faster in new areas. He called on shareholders to provide strong support for this proposal.

Hurrell stated that this plan begins with the company's core competencies and aims to expand more aggressively into new markets. He stressed that this is not a withdrawal but an effort to achieve greater success in emerging regions.

The company plans to sell Anchor, Mainland brands as well as Oceania assets in Australia and New Zealand. The proposal will be submitted to shareholders for approval, with their strong support being essential.

Hurrell and management have been working to negotiate favorable terms for shareholders to simplify the company's structure and accelerate expansion into new markets.