Murray Goulburn to rethink capital structure in latest business review

Mon, 05 Jun 2017

By Paul McBeth June 6 (BusinessDesk) - Murray Goulburn Cooperative will rethink its capital structure and how it shares profits with investors in the ASX-listed MG Unit Trust as Australia's biggest milk processor seeks to revive the business after last year's slump in global milk prices wrong-footed the dairy cooperative. Chief executive Ari Mervis today announced a strategic review of the business to "look at all aspects of MG's strategy and corporate structure, including the profit sharing mechanism and capital structure", he said in a...

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