Call for shareholders to support Glanbia’s proposals for joint venture

The president of the Irish Co-operative Organisation Society (ICOS) Bertie O’Leary has called on Glanbia shareholders to vote “yes” and pave the way for the creation of Glanbia Ingredients Ireland.

And IFA president John Bryan disclosed a meeting was held in Portlaoise of IFA elected officers in the Glanbia area, to review independent professional reports from Deloitte corporate finance and Eversheds pension experts regarding the key aspects of the Glanbia JV proposals.

He said the assessments were reassuring on the key issues the IFA had asked them to investigate on behalf of farmers. Subsequent to the discussions, the IFA has written to Glanbia seeking clarification on a number of other issues previously raised by the IFA.