Beingmate to sell subsidiary despite Fonterra opposition
Five directors voted in favour, three against and one abstained from voting.
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
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Beingmate to sell subsidiary despite Fonterra opposition
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