Fonterra pushes on with capital restructure, despite government concerns with proposal

Carlene Dowie
By Carlene Dowie
November 17 2021 - 1:00am
CHANGE: A Fonterra capital restructure proposal would see its NZ farmer suppliers required to hold a reduced minimum of one share for every three kilograms of milk solids they produce.

Giant New Zealand dairy co-operative Fonterra is pushing ahead with a capital restructure proposal despite not gaining support for it from the New Zealand government.

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Carlene Dowie

Carlene Dowie is the editor of the Australian Dairyfarmer magazine and has more than 30 years' experience as a rural journalist.

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