NZ's Fonterra to sell China JV farms, Beingmate stake to focus on home turf

NZ's Fonterra to sell China JV farms, Beingmate stake to focus on home turf

Photo: Pixabay

New Zealand’s Fonterra said on Wednesday it will sell its joint venture farms in China and its remaining stake in infant formula maker Beingmate as it looks to move its focus from Beijing and prioritise domestic operations.

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