Glanbia abandons goal to become world class food company; Sells Irish dairy and agri-businesses
Apr 20th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Glanbia plc has effectively abandoned its goal to become a world class food company and today announced that it has conditionally agreed to dispose of its Irish Dairy and Agri Businesses to Glanbia Co-operative Society Limited, its 54.6 per cent shareholder for up to for up to €343m.