These moves would go ahe

Group Ltd. said it had completed the partial tender offer for Beingmate Baby & Child Food Company Ltd. and the transaction would be closed in the next few days.


"Our goal was to acquire up to 20 percent. We are extremely satisfied and confident that the partnership can and should proceed on the basis of the 18.8 percent stake. It is a good result," Fonterra chief financial officer Lukas Paravicini said in a statement.


The purchase at 18 Renminbi (2.87 U.S. dollars) per share would cost Fonterra 3.46 billion Renminbi (551.95 million U.S. dollars).


As well as Fonterra buying a stake in Beingmate cheap air max 270 , the two companies would set up a joint venture to buy Fonterra's Darnum plant in Australia and agree a distribution deal for Fonterra's Anmum brand in the Chinese mainland.


These moves would go ahead over the next few weeks, said Paravicini.


Fonterra and Beingmate announced in August last year that they intended to form a global partnership to help meet China's growing demand for infant formula.


The partnership will create a fully integrated global supply chain from the farm gate direct to China's

Weitere Artikel der Kategorie Allgemein

• Kleinhirninfarkt- Drehschwindel und extremes Erbrechen
• leichter schlaganfall warum nimmt mann uns nicht ernst
• Medikamente nach Schlaganfall.....was ist richtig??
• Kleinhirninfarkt
• Fliegen nach SA