date:Sep 30, 2014
of Fonterras ingredients and branded products exported to China. It will be achieved in two phases:
Fonterra will shortly start the process to issue a partial tender offer to gain up to a 20 per cent stake in Beingmate
After gaining regulatory approvals and Fonterra satisfactorily completing the partial tender offer, Fonterra and Beingmate will set up a joint venture to purchase Fonterras Darnum plant in Australia and will establish a distribution agreement to sell Fonterras Anmum brand in Chi