Fonterra to invest US$ 615 Million in China JV
New Zealand's Fonterra Cooperative Group is investing approximately
US$ 615 million to form a JV with China's Beingmate, an infant formula
manufacturer, The JV will produce milk products for the domestic Chinese
market. The JV, which will be 51% owned by Beingmate and 49% by Fonterra, will also
distribute Fonterra's Anmum brand products in China. In turn Fonterra plans to
buy up to 20% stake in Beingmate.
China, the
world’s 2nd largest economy, continues to be the most important market for
companies looking for growth and Chinese companies continue to globalize by
investing and selling their products in new markets; what is your company’s
strategy for engaging China?
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Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition
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