Glanbia Co-op’s stake set to fall to 36.5 per cent
✽ Glanbia Co-op’s stake in the food group will fall to 36.5 per cent, following the placing of a 1.35 per cent shareholding and the planned distribution of a further 3.38 per cent stake.
The co-op has placed four million shares, representing 1.35 per cent of the company, at a price of €16.95 per share. It plans to spin out a further 10 million Glanbia shares, or a 3.38 per cent stake, to more than 15,500 co-op members.
Glanbia said in...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures