Fonterra Australia Pty Ltd, Fonterra Milk Australia Pty Ltd and Fonterra Brands (Australia) Pty Ltd (collectively, Fonterra Australia), subsidiaries of Fonterra Co-operative Group Limited, have reached an agreement to settle class action proceedings filed on behalf of affected farmers relating to events in 2016.
FONTERRA AUSTRALIA SETTLES CLASS ACTION PROCEEDINGS

The settlement, which is made without any admission of liability, is subject to Court approval.

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