Brazil venture among more Fonterra asset sales
Dairy co-op has sold 1% of Beingmate shareholding.
Graham Skellern
Thu, 05 Dec 2019
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Dairy giant Fonterra will now likely sell its Brazilian joint venture, as well as China Farms, as part of its capital expenditure and debt reduction programme aimed at restoring a strong operating margin.
Miles Hurrell, Fonterra chief executive, said “we are seeing interest in the (Brazil)
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Graham Skellern
Thu, 05 Dec 2019
Contact the Writer: graham@nbr.co.nz
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Brazil venture among more Fonterra asset sales
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