China Mengniu Dairy: Chinese investment in Australia plummets amid tensions
Chinese investment in Australia fell by 61% in 2020 to the lowest level recorded by the Australian National University in six years, coinciding with a worsening diplomatic dispute.
Australia set to bar China dairy takeover as trade tensions rise
Canberra opposes China Mengniu acquisition of some of nation’s biggest milk brands.
Coca-Cola, Mengniu’s JV to sell chilled milk
U.S. beverage giant Coca-Cola Co said on Tuesday that it has set up a joint venture with Chinese dairy giant China Mengniu Dairy Co to produce and sell chilled milk in China.
ACCC happy with $600m Lion dairy sale to China’s Mengniu
The national competition regulator has given its tick of approval to the $600 million purchase of Lion Dairy and Drinks by China’s Mengniu Dairy Company, rejecting concerns about reduced milk market competition in Victoria’s Gippsland region.
Mengniu closer to lapping up Lion Dairy
The ACCC has cleared the way for China Mengniu Dairy to lap up Lion’s Dairy and Drinks portfolio, which includes the Dairy Farmers, Pura milk, Dare and Farmers Union iced coffee brands.
China’s Mengniu Dairy buys 5% stake in cheese maker Ground Food
Chinese dairy giant Mengniu Dairy is acquiring a 5 per cent stake in Shanghai Ground Foods Tech Co., Ltd (Ground Food), the country’s premium cheese and liquid milk products manufacturer, per a stock exchange filing.
Chinese dairy giant seeks scale, eyes expanding domestic market
The year past was special for China Mengniu Dairy Company Limited. For the first time, Mengniu made it among Brand Finance’s list of top 500 most valuable brands in the world.
China Mengniu Dairy: Second Acquisition In Australia This Year
China Mengniu’s recent proposed acquisition of Australian branded dairy and beverage company Lion-Dairy & Drinks will help the company secure high quality raw milk and expand overseas.
Competition regulator to review Mengniu bid for Lion dairy business
The competition regulator will review the proposed $600 million sale of Lion’s dairy and drinks business to China Mengniu Dairy, as concerns grow over whether the deal will reduce competition and impact dairy farmers.
Chinese company scoops Masters
A SECOND iconic Western Australian dairy name, Masters, is about to get a Chinese owner.
