Reckitt to sell baby formula biz in China
British consumer goods company Reckitt Benckiser Group Plc has agreed to sell its baby formula business in China to private equity group Primavera Capital Group for $2.2 billion as the company seeks to exit from China’s infant formula sector.
Australia to push China to match dairy trade concessions made to US
Australian trade negotiators will push China to match dairy trade concessions made to the United States in a landmark trade deal, as Australia’s $4 billion dairy industry looks to ram itself into the world’s largest market.
A2 Milk faces new China competition driving down share prices
New Zealand shares declined after A2 Milk fell on news of a new competitor in China’s infant formula market and as rising bond yields made dividend stocks less attractive.
Is the a2 Milk Company share price in the buy zone?
The A2 Milk Company Ltd (ASX: A2M) share price came under pressure on Monday and started the week with a decline.
