Glanbia shareholder dispute puts demerger back on the table
Differences between dairy group Glanbia and Glanbia Co-op, its controlling shareholder, have revived speculation that a partial demerger could take place.
Differences between publicly quoted dairy group Glanbia and Glanbia Co-op, its controlling shareholder, over the funding of a new milk processing plant have revived speculation that a partial demerger of the Irish dairy business from the plc may be on the cards this year.
Informed sources have indicated that there is a serious dispute at board level over the funding of the €200 million plant. It is understood that Glanbia has offered to sell the...
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