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Meiji, Lactalis, Saputo, Warburg said to be considering bids in Fonterra’s $2.4B divestment

Divestment underlined sign on the stack of papers. Divestiture concept.

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Japan’s Meiji (OTCPK:MEJHY) (OTCPK:MEJHF), France’s Lactalis, and Canada’s Saputo (OTCPK:SAPIF) are among the companies considering bids for the dairy assets that Fonterra plans to divest, according to a Reuters report.

The potential bidders are eyeing Fonterra’s global consumer businesses, which include

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