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.

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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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