Bega Cheese dumped as baby formula venture sours

By Brian Robins
Updated October 25 2016 - 12:39pm, first published 12:20pm
Bega Cheese hit by heavy selling by investors as expansion into baby formula market goes backwards
Bega Cheese hit by heavy selling by investors as expansion into baby formula market goes backwards

The shifting shoals of the Chinese market has caught out Bega Cheese which is forecasting flat earnings in the year ahead while warning it will be forced to make a large provision against its infant formula joint venture with Blackmores.

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