Livestock Improvement flags proposal to split into two, allow outside investors

Mon, 16 May 2016

By Jonathan Underhill May 16 (BusinessDesk) - Livestock Improvement Corp, the farmer-owned cooperative that focuses on dairy herd genetics, farm software and automation, has proposed splitting into two businesses and allowing outside shareholders to invest for the first time. LIC, as the business is known, will embark on a nationwide roadshow starting on June 7 to discuss proposed changes to its capital structure. The split would create a genetics/farm management cooperative, working with New Zealand's dairy farmers, and a new agri-techno...

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