Too soon for Fonterra capital structure review, shareholders say

Wed, 04 Sep 2019

By Rebecca Howard Sept. 4 (BusinessDesk) - Fonterra Cooperative Group is reviewing its capital structure but some shareholders argue it’s too soon given the challenges the group is facing. “It is far too early for the company to be considering," major shareholder Colin Armer said. "They have a pile of stuff they’ve got to get sorted out and capital structure is just a distraction.” A Fonterra spokesperson confirmed a sub-committee has been set up to "review the capital structure” but offered no further detail on who is on the committe...

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