Green Light for Fonterra's $3.2b Capital Return Scheme
Fonterra farmer shareholders have approved the mechanism for a $2/share capital return expected from the sale of its global consumer and associated businesses.
Will the co-op also scale back on its flashy new headquarters under construction in Auckland’s Viaduct area?
While Fonterra will be leasing the HQ, surely workers moving into offices with million dollar views while farmer bank balances languish in the red won’t go down well with cockies.
