date:May 11, 2012
iently insulated from current global [dairy ingredient price] falls, assuming the falls are eventually passed on to farmers as expected. Any negative impact could be lessened by a Dairy Ingredients spin-off or stake reduction in preparation for the 2015 milk quota abolition,Greenfield wrote.
NCB added today:A partial spin-off of this business will further reduce Glanbias exposure to volatile dairy markets and reposition the group as primarily a Global Nutritionals business.
But a Glanbia spoke