Nestle and Fonterra scale down Latam partnership
date:May 28, 2014
lled dairy, with Fonterra taking a 51 percent stake and Nestle 49 percent, Nestle said.

We value our relationship with Nestle and this high-quality agreement will see our successful alliance continue, Fonterra Chief Executive Theo Spierings said in a statement, noting the company's key growth markets were Latin America, China and Indonesia.
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