Glanbia Co-operative Society Limited said it has transferred, via a “spin-out,” around €92m ($109m) worth of Glanbia plc shares to more than 14,700 members.
Glanbia Co-operative Society (Glanbia Co-op) has completed the placement of 8.7m ordinary shares in Glanbia plc to raise approximately €155m ($174m) for Glanbia Co-op.
Glanbia Co-operative Society has confirmed its members have voted to dispose of 3% of the issued share capital of Glanbia to back a proposal to acquire majority ownership of Glanbia’s dairy processing business as part of a joint venture (JV) with Glanbia...
