‘You won’t die wondering’ says Fonterra chairman
Co-op’s new leadership promises transparency as huge losses force rethink in China.
Tim Hunter
Thu, 13 Sep 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Fonterra’s costly investment in Chinese company Beingmate is looking increasingly surplus to requirements as the co-op announced a wide-ranging strategic review alongside its annual results.
Chairman John Monaghan declined to confirm a sale process for Fonterra’s 18.8% Beingmate stake but
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Tim Hunter
Thu, 13 Sep 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
