New Zealand Dairy Giant Fonterra Sells Farms In China To Reduce Debt
WELLINGTON, Oct 5 (NNN-XINHUA) – New Zealand dairy co-operative, Fonterra, agreed to sell its farms in China, to local partners, for a total of 555 million NZ dollars to reduce debt, the company said today. The sale is believed to be a part of Fonterra’s review and trimming of its…
