Fonterra signals end of $1b China Farms experiment
Pullback continues with ‘strategic review’ of controversial project.
Tim Hunter Thu, 23 May 2019
Dairy giant Fonterra’s costly foray into farming in China looks likely to end with its announcement of a strategic review – corporate code for putting the business up for sale.
In a conference call on its third quarter business update, chief financial officer Marc Rivers said Fonterra had
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