Almost 99 percent of shareholders voted today to get the tax-free from the 3.2 billion dollar capital payout from the sale to French company Lactalis .
Fonterra expects to wrap up the sale by the end of next month.
FedFarmers Dairy Chair, Karl Dean, says the sale is part of Fonterra's move to focus on ingredients.
He says profit will still be made from the Mainland brand, but from ingredients, not the final product.
