Fonterra may not take impairment even as Beingmate falls further
Shares in the Chinese company continued their decline today.
Investors in Fonterra’s Shareholders Fund will have to wait until the annual result later this month for news of any impairment to the co-operative’s investment in Beingmate.
Shares in the Chinese infant formula company continued a rapid price drop today, having shed a maximum of 10% yesterday
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Duncan Bridgeman
Wed, 06 Sep 2017
Wed, 06 Sep 2017
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Fonterra may not take impairment even as Beingmate falls further
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