As part of the plan announced last week, the co-op intends to sell a further four million shares in Glanbia to establish a support fund for struggling farmers, which will become more necessary as dairy prices fluctuate in the months ahead as a result of the scrapping of quotas.
Glanbia’s investors will see the benefit from the co-op’s stake falling, with greater liquidity in its shares.
It may also be time...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€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