Many Fonterra dairy farmers are planning to invest their upcoming capital return back into their farms.

The dairy co-op's been given the green light by regulators to sell its consumer brands to France dairy giant Lactalis for $4.22 billion.

Farmers will get back two-dollars a share, possibly by the middle of next month.

Fonterra Co-operative Council Chair John Stevenson told Mike Hosking that farmers will be trying to make the most of the money they receive.

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