Fonterra, Abbott to develop dairy hub in China

Fonterra, Abbott to develop dairy hub in China

Abbott and Fonterra forming joint venture to invest in dairy farm hub in China that will produce up to 160 million liters of milk annually.

GLOBAL health care company Abbott and New Zealand-based Fonterra Co-operative Group Ltd. announced July 10 that they have signed an agreement to develop a proposed dairy farm hub in China.

The strategic alliance, which is subject to Chines

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