Brief: Fonterra Says Co, NZX And EEX Confirm GDT Strategic Partnership

European Energy Exchange AG

30/06/2022 02:52

June 30 (Reuters) - Fonterra Co-Operative Group Ltd
 FCG.NZ :
    * FONTERRA, NZX AND EEX CONFIRM GDT STRATEGIC PARTNERSHIP
    * CONFIRMS THE FINALISATION OF STRATEGIC PARTNERSHIP WITH
NEW
ZEALAND’S EXCHANGE AND THE EUROPEAN ENERGY EXCHANGE
    * FONTERRA, NZX AND EEX EACH HOLD AN EQUAL 33.33%
SHAREHOLDING IN
GLOBAL DAIRY AUCTION PLATFORM GDT AS OF 30 JUNE
    * NZX & EEX TO EACH TAKE OWNERSHIP STAKES IN GLOBAL DAIRY
TRADE
ALONGSIDE  CO-OP
    * FONTERRA’S TRANSACTION PROCEEDS ON SALE TOTAL NZD $35M

Further company coverage:  FCG.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))