Matt Montgomerie: Forsyth Barr Senior Analyst says Fonterra's sale could see global interest

Fonterra is expected to receive global interest when it sells off some of its most well-known brands.  The dairy giant has confirmed plans to sell its consumer arm, including brands like Anchor, Mainland Cheese, and Kapiti Ice Cream.  The sale could bring in up to $3 billion.  Forsyth Barr Senior Analyst Matt Montgomerie told Ryan Bridge he expects large dairy companies like Nestle would make a bid if it's put to a trade sale.  He says there could be multiple buyers at play, or the brands could be sold through an IPO.  LISTEN ABOVE See omnystudio.com/listener for privacy information.