Beingmate to sell subsidiary despite Fonterra opposition
Five directors voted in favour, three against and one abstained from voting.
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ELECTIONS
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Fonterra’s Chinese partner, Beingmate, has been given the green light to sell its wholly owned subsidiary despite opposition from Fonterra-appointed directors.
Shenzhen-listed Beingmate announced last night it had board approval to sell Hangzhou Beingmate Dou Dou Children Nutrition Food Co (Dou
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Duncan Bridgeman
Wed, 14 Mar 2018
Wed, 14 Mar 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Beingmate to sell subsidiary despite Fonterra opposition
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