Displaying items by tag: Beingmate

Fonterra hopes to end its involvement in farms and the controversial Beingmate businesses in China by the end of this year.

Published in General News
Tuesday, 10 December 2019 07:55

Cheap Beingmate shares still on the market

Fonterra has managed to sell only 1% of its stake in the troubled Chinese company Beingmate.

Published in General News
Wednesday, 07 August 2019 11:04

Fonterra to offload Beingmate shares 

Fonterra’s disastrous investment in Chinese baby food company, Beingmate could soon come to an end.

Published in General News
Wednesday, 15 May 2019 13:55

NZ organic milk in new Oz formula

New Zealand milk will be used for a new certified organic grass-fed infant formula offering by Bubs Australia Ltd.

Published in World News
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
Wednesday, 20 June 2018 13:55

Fonterra’s billion-dollar Beingmate bungle?

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
Tuesday, 08 May 2018 07:55

Beingmate joint venture needs new leader

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
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