Natural Dairy buys four farms, eyes more in NZ plan

24-March-2010

The deal shows “the gate on the New Zealand-China free trade agreement swings both ways,” a Federated Farmers official said. Natural Dairy, formerly China Jin Hui Mining Corporation, agreed to buy four farms in New Zealand and is in talks for 24 more as part of a NZ$1.5bn (US$1.1bn) expansion in the world’s biggest dairy exporter.

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