Milk-based infant formula is one of ABT’s main businesses (#msg-100847322), and China is the biggest growth engine for infant formula (#msg-90394034), particularly as the country’s “one child” policy is relaxed (#msg-94089270, #msg-94149186).
Fonterra is a dairy cooperative based on New Zealand. First production from the ABT-Fonterra JV is expected in 1H17.
See #msg-104130001 for additional (bullish) commentary on investing in ABT.
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