date:Oct 25, 2012
Glanbia has announced that, subject to relevant shareholder approval, it has signed contracts with its majority shareholder, Glanbia Co-operative Society, to enter into a 40% (Glanbia) : 60% (Society) joint venture in respect of Dairy Ingredients Ireland.
This agreement follows the announced signing of a memorandum of understanding between the two organisations on 29 August and is a further step towards the completion of the transaction.
At this point in our development we face clear strateg