Agri-Business
Kerry Co-op shareholders have approved the proposed €500 million purchase of Kerry Group's dairy business, Kerry Dairy Ireland.
The shareholders of Lakeland Dairies have voted 98% in favour of adopting new rules within the co-op at an SGM held in Cavan today
A resolution to cap investments made by the board of Kerry Co-op at €50 million in a five-year period has been approved by shareholders.
The Kerry Co-op chair has said that he envisages a Special General Meeting (SGM) focused on the share redemption scheme will be held in June.