Kerry Group PLC’s shareholders agreed this Thursday to the deal that will see the listed food technology multinational sell its historic Irish dairy processing business back to the farmer co-op that started it all. They followed suit after Kerry Co-op members had already approved the transaction on Monday. After years of protracted negotiations, both sets of shareholders have finally given the proposal a resounding endorsement: 99.8 per cent of PLC shareholders voted in favour of it, 82 per cent of co-op members having done the same. The separation of the two businesses closes a phase of restructuring that has primed…

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