CIC Drinks Milk Investment
Posted on 11/15/2012
The China Investment Corporation (CIC) is in discussions to possibly invest in a targeted NZ$ 525 million fund created by Fonterra called Fonterra Shareholders Fund. Fonterra is New Zealand’s biggest dairy processor and a co-operatively-owned company. Demand for whey and other dairy products are on the rise in Asia. The initial investment could be as […]