RESEND: Fonterra ponders Beingmate future as part of strategic review

Thu, 13 Sep 2018

(Removes typo second paragraph.) By Nikki Mandow Sept. 13 (BusinessDesk) - Fonterra is looking at whether it should get rid of its disastrous Beingmate investment as part of an ‘everything up for grabs’ strategic review. Speaking as the company announced the first full-year loss in its 18-year history, chairman John Monaghan said the company was doing a “full stocktake and portfolio review looking at all our major investments, assets and joint ventures to see how they are performing and where they fit with our strategy”. Beingmate was...

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