6 May 2021

Fonterra unveils options to revamp capital structure

From Nine To Noon, 9:27 am on 6 May 2021
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Photo: Photo / AFP

The dairy giant Fonterra has laid out a range of options to strengthen its financial structure, but remains committed to co-operative ownership. The country's biggest company says the aim is to balance farmer ownership, milk supply, and secure its financial future.

It has outlined a range of options for shareholders to consider including dual share structures to allow outside involvement, splitting the co-op between supply and processing businesses, and different classes of shares. RNZ Business Editor Gyles Beckford.

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