Fonterra Deepens NZ-Chinese Links With Baby Formula Partnership

2014-08-27 12:00:39 – Best Cash Back Forex Rebates : Fonterra Deepens NZ-Chinese Links With Baby Formula Partnership
Cash Back News:

Fonterra Cooperative Group Ltd. (FCG), the world’s biggest dairy exporter, said it will pay NZ$615 million ($515 million) for a stake in a Chinese infant formula maker as it seeks to tap the nation’s lucrative baby milk market.

The New Zealand company will buy a stake of as much as 20 percent in…

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