New Zealand’s Fonterra sells China dairy farms for $368 million

© Reuters. (Reuters) – New Zealand’s Fonterra (NZ:) (NZ:) said on Monday it would sell its dairy farms in China for a total of NZ$ 555 million ($ 367.97 million), with China Youran Dairy Group buying most of it. Youran will purchase the company’s two farming-hubs for NZ$ 513 million, while Beijing Sanyuan Venture Capital […]

Continue Reading