Fonterra Co-operative Group (NZE:FCG) applied to move to the NZX Main Board from the private market by early 2025, according to a Wednesday filing with the New Zealand and Australian bourses.
The company said the NZX will no longer need to operate a separate market just for Fonterra's restricted farmer Co-op shares, as per the filing.
Meanwhile, Fonterra Shareholders Fund (NZE:FSF, ASX:FSF) plans to delist from the Australian bourse, saying that its current dual listing is no longer needed to promote liquidity. Once completed, Fonterra Shareholders Fund will solely be listed on the New Zealand bourse.
Price (AUD): $4.17, Change: $+0.02, Percent Change: +0.48%
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