Picking winners?
OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners'…
Fonterra's Chinese partner Beingmate last month agreed to set up a joint venture to buy the co-op's Darnum, Victoria, plant.
Fonterra has received approval by the Beingmate Baby and Child Food board to establish a joint venture to purchase the co-op's Darnum plant in Australia.
Fonterra is a step closer to buying a cornerstone stake in leading Chinese infant food manufacturer, Beingmate.

OPINION: Every time politicians come up with an investment scheme where they're going to have a crack at 'picking winners'…
OPINION: What are the unions for these days?