FCG
09/01/2015 16:38
JOINTV
PRICE SENSITIVE
REL: 1638 HRS Fonterra Co-operative Group Limited
JOINTV: FCG: STRATEGIC PARTNERSHIP UPDATE
Fonterra Co-operative Group advises that China's Ministry of Commerce has now
granted anti-trust and strategic foreign investment approval for the proposed
partnership with leading Chinese infant food manufacturer Beingmate. Further
regulatory approvals are required before Fonterra proceeds to the next stage
which is a Partial Tender Offer to gain up to 20% of Beingmate.
Fonterra will provide further updates as the partnership progresses.
-end-
End CA:00259651 For:FCG Type:JOINTV Time:2015-01-09 16:38:15
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