Attention will be focused on annual meetings of two big Australian dairy companies this week.
On Tuesday, October 24 at 11am, Bega Cheese will hold its annual general meeting at Bega.
The parent company of Tatura Milk, Bega has been rumoured to be interested in purchasing part of Murray Goulburn Co-operative.
Questions may be asked at the meeting about this speculation.
The meeting agenda includes: key strategic transactions, Mondelez Grocery Business, Mead Johnson, successful capital raising, revenue growth 3 per cent, EBITDA growth 250 per cent (normalised 7 per cent), profit growth, and business stability in a volatile environment.
Bega directors Richard Parbery, Peter Margin and Terrence O’Brien are also offering themselves for re-election to the board.
Murray Goulburn’s annual meeting will be held in Melbourne on Friday, October 27 at 11am.
The meeting will start with the chairman’s report, which will be followed by a presentation from the chief executive officer and then the formal items of business. Shareholders will be able to ask questions.
The meeting will hold elections for two new Northern Region directors, Ian Goodin and Brock Williams.