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Market Announcement : Strategic Partnership Update
9 January 2015
Market Announcement : Strategic
Partnership Update
Fonterra Co-operative
Group advises that China’s Ministry of Commerce has now
granted anti-trust and strategic foreign investment approval
for the proposed partnership with leading Chinese infant
food manufacturer Beingmate. Further regulatory approvals
are required before Fonterra proceeds to the next stage
which is a Partial Tender Offer to gain up to 20% of
Beingmate.
Fonterra will provide further updates as the partnership progresses.
-end-
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