Fonterra's Capital Structure Proposal - A Lawlink Perspective

23 October 2009

Fonterra's much awaited proposed new capital structure was announced on Friday 18 September. The cornerstone of the proposal is that it will be farmer members that will be asked to fund additional capital to meet the funding needs of Fonterra for the next 5 years, and not external non-farmer member sources. While a public listing is off the table, trading of shares between farmer members in 2011 also forms part of the proposal.

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