Fonterra capital structure rejig to speed through Parliament

Fonterra capital structure rejig to speed through Parliament, Damien O'Connor says


Fonterra capital structure rejig to speed through Parliament, Damien O'Connor says
7 May, 2021 05:40 AM
5 minutes to read
Agriculture Minister Damien O'Connor has been a vocal critic of Fonterra's capital structure. Photo / File
Agriculture Minister Damien O'Connor has been a vocal critic of Fonterra's capital structure. Photo / File
Agriculture Minister Damien O'Connor says he will assist Fonterra's board in speeding through change needed to dairy industry law to accommodate a capital restructure.
Fonterra's board hopes to put a proposal for significant capital structure
change to a vote by the company's farmer-owners around November annual meeting time, but it will also require an amendment to the Dairy Industry Restructuring Act (Dira) which oversees New Zealand's biggest business and the $10 billion dairy industry.

Related Keywords

New Zealand , Peter Mcbride , Damien Oconnor , Fonterra Shareholder Fund , Fonterra , Agriculture Minister Damieno Connor , Dairy Industry Restructuring Act , Trading Among Farmers , Fonterra Shareholder , புதியது ஜீலாந்து , பீட்டர் மக்ப்ரைட் , டேமியன் ஒக்கொன்னோர் , பால் தொழில் மறுசீரமைப்பு நாடகம் , வர்த்தக மத்தியில் விவசாயிகள் ,

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