Fonterra unveils options to revamp capital structure - a podcast by RNZ
from 2021-05-06T09:27
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The dairy giant Fonterra has laid out a range of options to strengthen its financial structure, but remains committed to co-operative ownership. The country's biggest company says the aim is to balance farmer ownership, milk supply, and secure its financial future. It has outlined a range of options for shareholders to consider including dual share structures to allow outside involvement, splitting the co-op between supply and processing businesses, and different classes of shares. RNZ Business Editor Gyles Beckford.
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