Fonterra reports ’20 interim results; Normalised EBIT worth $584 million
date:Mar 26, 2020
r asset portfolio. We have completed strategic reviews on China Farms and DPA Brazil, and sales processes for both assets are well under way, Hurrell stated.

Through these sale processes and strategic reviews, we have gained additional information and further insights and, as a result, we have revised down the valuation of China Farms and DPA Brazil by a total of $134 million, he added.

We have also reduced the value of our China Farming joint venture by $65 million and we continue to look for
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