How Bega Cheese purchase of Lion Dairy makes a once-minor player an Australian food heavyweight
A small town of about 4,000 people on the far south coast of New South Wales might seem like an odd location for the headquarters for one of Australia’s rapidly growing food giants.
Bega prepares $400m raising for Lion Dairy and Drinks buy
Bega Cheese is expected to raise up to $400 million to fund its purchase of Japanese drinks giant Kirin’s Lion Dairy and Drinks.
ACCC urging farmers to weigh in on Saputo and Lion Dairy merger
Farmers, processors, and shoppers are being asked for their two cents on Saputo’s proposed acquisition of Lion Dairy.
Bega bulks up team for Lion Dairy, asks for first look
Forget about FIRB, we can make your headaches go away.
Bega, Norco watching Lion Dairy and Drinks after Mengniu deal dropped
The farmer-owned Norco dairy co-operative has joined the list of contenders weighing up a bid for at least part of the big $600 million Lion Dairy and Drinks business.
Bega Cheese calls in old hands for Lion Dairy and Drinks
Excuse the cheesy phrase.
China Mengniu Dairy, Lion Dairy & Drinks sale collapses
The proposed sale of Lion’s Dairy & Drinks business to China Mengniu Dairy Company has fallen through, with both parties walking away due to approval from the Foreign Investment Review Board (FIRB) being “unlikely”.
Plan for China’s Mengniu to buy Lion Dairy ditched after Josh Frydenberg labels sale ‘contrary to national interest’
A $600 million deal to sell the maker of Pura milk, Dare iced coffee and Yoplait yoghurt to a Chinese company has been terminated, after Treasurer Josh Frydenberg decided the sale was “contrary to the national interest”.
Australia set to bar China dairy takeover as trade tensions rise
Canberra opposes China Mengniu acquisition of some of nation’s biggest milk brands.
Australia to block China Mengniu Dairy Company’s buyout of Lion Dairy & Drinks from Japan’s Kirin Holdings, media report says
Australia Treasurer Josh Frydenberg has gone against the advice of the Foreign Investment Review Board, the Australian Financial Review reported on Thursday
