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Fonterra offer scaled back to 79% of 25%

2013-05-27 03:48:45| Food - Topix.net

Fonterra Co-operative Group today confirmed that farmer shareholders offered to sell 75,223,742 economic rights of Wet Shares in this month's Supply Offer, amounting to a total value of $595,772,036.64. The high level of demand means the Offer will be scaled.

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