Fonterra makes first move to unwind Beingmate joint venture
Plus: Sale of Tip Top on the cards and forecast farmgate milk price revised down.
Fonterra has taken a first step toward unwinding its troubled joint venture with Chinese infant formula company Beingmate.
The co-operative says it has reached an agreement with Beingmate that will see it return to full ownership of the Darnum plant in Victoria by year-end.
The dairy
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