Thursday, 21 June 2018 07:55

Fonterra defends actions in China

Fonterra says it has been “fully transparent’ about Beingmate’s performance and its impact on the co-op’s financial position. 

Published in General News

Fonterra shareholders could end up losing over $1 billion on the co-op’s controversial investment in Chinese infant formula company Beingmate, says business commentator Rod Oram.

Published in General News
Thursday, 07 June 2018 09:55

New boss for Beingmate

Beingmate is very close to appointing a chief executive officer, says Fonterra’s chief executive Theo Spierings.

Published in General News

Fonterra's China business head Christina Zhu says its Beingmate joint venture needs a leadership revamp.

Published in General News
Thursday, 12 April 2018 11:19

Different company, no problems – Fonterra

Fonterra is disputing claims made in the April 10 issue of Dairy News that its plans to turn around the co-op’s disastrous investment in Chinese baby food company Beingmate will be hampered by the return of the company’s founder.

Published in General News
Tuesday, 10 April 2018 10:55

Board games in China

Chinese media say Fonterra’s two directors on its joint venture, Beingmate have expressed reservations about a new independent director approved by the board recently.

Published in General News

Fonterra's plan to turn around its disastrous investment in Chinese baby food company Beingmate won’t be smooth sailing.

Published in General News
Tuesday, 03 April 2018 10:50

Fonterra has little clout with Beingmate

Fonterra's lack of majority control over troubled Chinese company Beingmate is hindering efforts to turn it around.

Published in General News
Tuesday, 27 March 2018 10:55

Don’t lose heart over China

The China infant formula market has been very challenging for several dairy companies operating there for the last 18 months – not just Fonterra, says Rabobank senior dairy analyst Michael Harvey.

Published in General News

Fonterra has appointed a board sub-committee to salvage its disastrous investment in Chinese infant formula trader Beingmate.

Published in General News
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