Glanbia Ireland joint venture will be put to shareholders

Glanbia plc last week announced proposals to sell 60% of Dairy Ireland to Glanbia Co-op and create the Glanbia Ireland joint venture, encompassing Glanbia Ingredients Ireland (GII), Glanbia Consumer Foods Ireland, and Glanbia Agribusiness, 60% owned by Glanbia Co-op and 40% owned by Glanbia plc.