Brief window exists for second run at Glanbia deal

The recently defeated proposals for the sale of Glanbia’s Irish dairy business only have a window of three months to be resurrected, according to Geoff Meagher, who advised the co-op on its negotiations.

5th June, 2010

The recently defeated proposals for the sale of Glanbia’s Irish dairy business only have a window of three months to be resurrected, according to Geoff Meagher, who advised the co-op on its negotiations.

Meagher, who is the proposed managing director of the business should it be spun out, said that the ball was firmly in the court of members.

He said that there was no ‘‘plan B’’, and that the recent proposals had...

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