Changes coming for Fonterra's capital structure

Fonterra CEO Miles Hurrell.

Wed, 05 May 2021

Units in the Fonterra Shareholders’ Fund have been placed on a trading halt ahead of a key announcement regarding potential changes to the dairy cooperative's capital structure.Fonterra said it plans to make an announcement prior to the market opening Thursday regarding a "comprehensive consultation process to seek feedback on potential options to change its capital structure".Following that announcement, the trading halt will remain in place until Friday “to provide time for FCG shareholders and FSF unit holders to re...

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