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Dairy Giant Fonterra Winds Down Broken Marriage With Beingmate

2019年08月07日 19:12 来源于 财新网
New Zealand company will sell its 18.8% stake in Chinese peer on open market after failing to find a buyer
The sale marks the end of a relationship that started out with big promise but later soured over managerial differences. Photo: VCG

New Zealand dairy giant Fonterra said on Wednesday it will start to sell down its stake in longtime China partner Beingmate, once one of China’s most promising peers in the sector, in the final stages of a divorce between the pair over management differences.

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