Plant-based bubble bursts
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Fonterra's board is holding a special meeting this afternoon to decide whether TAF (trading among farmers) will go ahead.
Fonterra's board is holding a special meeting this afternoon to decide whether TAF (trading among farmers) will go ahead.
Fonterra's Board, the Shareholders' Council and former industry leaders are united in their support of Trading Among Farmers (TAF), says chairman Henry van der Heyden.
With only a few working days before Fonterra cooperative group's 10,500 shareholders decide upon its Trading Among Farmers (TAF) proposal, Federated Farmers is imploring all shareholders to vote.
With only a few working days before Fonterra cooperative group's 10,500 shareholders decide upon its Trading Among Farmers (TAF) proposal, Federated Farmers is imploring all shareholders to vote.
Fonterra will no longer be in control of its own destiny if Trading Among Farmers does not proceed, Fonterra CEO Theo Spierings says.
Cash invested in buying units in the Fonterra Shareholders' Fund will go to farmers selling the economic rights of their shares – not Fonterra, says chairman Henry van der Heyden.
In the biggest decision for Fonterra Cooperative shareholders since Fonterra was formed eleven years ago, voting packs that will define its future started arriving in the post yesterday.
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