ACCC approves Lion dairy, drinks sale to Chinese

Andrew Marshall
February 21 2020 - 3:30pm
ACCC happy with $600m Lion dairy sale to China's Mengniu
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.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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