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Fonterra has announced today a final price for units in the Fonterra Shareholders' Fund of $5.50 per unit.
Fonterra has announced today a final price for units in the Fonterra Shareholders' Fund of $5.50 per unit.
Strong interest has been shown from farmers and staff in buying units in the Fonterra Shareholders' Fund but many farmer shareholders seemed to be taking a "wait and see" approach before selling, Fonterra says.
Strong interest has been shown from farmers and staff in buying units in the Fonterra Shareholders' Fund but many farmer shareholders seemed to be taking a "wait and see" approach before selling, Fonterra says.
The Fonterra Shareholders Council says today's launch of the TAF prospectus is a tangible result of years of hard work by the co-op and its farmers.
Farmers and other investors will have to fork out $4.60 - $5.50 per unit in the Fonterra Shareholders Fund.
Fonterra has released details of TAF (trading among farmers) which will allow outsiders to invest in the co-op for the first time.
Fonterra has released details of TAF (trading among farmers) which will allow outsiders to invest in the co-op for the first time.
Fonterra has appointed the establishment board of FSF Fund Management Company Ltd, the manager of the Fonterra Shareholders Fund.
The Fonterra Shareholders Council has given its approval to TAF (trading among farmers), paving the way for Fonterra board to launch the share trading scheme.
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