Fonterra Starts Consultation On Capital Structure Options
Thursday, 6 May 2021, 9:27 am Today Fonterra is starting a consultation process to seek farmer feedback on potential options to change its capital structure that could give farmers greater financial flexibility. To allow its farmers to have open conversations and consider all options during consultation, the Co-operative is temporarily capping the size of the Fonterra Shareholders’ Fund (the Fund) by suspending shares in the Fonterra Shareholders’ Market (FSM) from being exchanged into units in the Fund. This temporary cap will be effective once the current trading halt is lifted when...
Source: scoop.co.nz