Fonterra may not take impairment even as Beingmate falls further
Shares in the Chinese company continued their decline today.
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Hawke’s Bay
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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