Fonterra wants level playing field to stave off foreigners
No single entity will be able to own more than 5% of Fonterra under its new share-trading proposal.Part of the proposal released to Fonterra shareholders this week will restrict ownership of any single entity to 5% of the company in a move that would bloc
Liam Baldwin Thu, 08 Apr 2010
No single entity will be able to own more than 5% of Fonterra under its new share-trading proposal.
Part of the proposal released to Fonterra shareholders this week will restrict ownership of any single entity to 5% of the company in a move that would block foreign investors from controlling the
Want to read more? It's easy.
Choose your best value subscription option
Get instant access to this article now as part of our FREE two week trial.
Get two weeks free access to NBR’s Premium Online Subscription, which includes full access to all of NBR’s great content on any device.