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Fonterra in trading halt, weighs capital restructure – Stuff.co.nz

Dairy co-operative weighs options over capital changes.

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Units in the Fonterra Shareholders’ Fund on the NZX and ASX are in a trading halt as the company considers a capital restructure.
The dairy co-operative said it was preparing to make an announcement prior to the markets’ opening on Thursday in relation to seeking shareholder feedback on “potential options to change its capital structure”.
However, the trading halt would remain until Friday to give shareholders and unitholders time to consider the materials.
Fonterra remained “in a strong financial…

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