NZX, EEX to join Fonterra as GDT owners

(Image: Getty)

Thu, 17 Feb 2022

The Global Dairy Trade platform is about to become more liquid and more global.New Zealand’s NZX stock exchange and the European Energy Exchange (EEX) will each take ownership stakes in Global Dairy Trade (GDT) alongside Fonterra under a new ownership structure. The partnership is expected to be completed mid-2022, with Fonterra, NZX and EEX each holding an equal one-third (33.33%) shareholding in the global dairy auction platform. Up until now, the platform has been owned by Fonterra but is operationally and physically separate...

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