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AAP
AAP
Business
Kat Wong

EXPLAINED: Dairy giant s promise on australian assets | Rare Historical Photos

Dairy giant Fonterra will retain its entire Australian business off the back of promising profits. (Lukas Coch/AAP PHOTOS) (AAP)

Global dairy giant Fonterra will retain its entire Australian business off the back of promising profits, quashing fears of a partial sell-off.

The New Zealand co-op is the world's biggest dairy exporter and owns popular household brands Perfect Italiano, Mainland and Western Star.

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