Bellamy's Chinese buyer adds Lion dairy to Aussie portfolio

Andrew Marshall
Updated November 26 2019 - 6:24pm, first published November 25 2019 - 1:04pm
Lion finally sells dairy and drinks business for $600m to China
Lion finally sells dairy and drinks business for $600m to China

Hot on the heels of getting approval for its $1.5 billion takeover of Tasmanian infant formula company, Bellamy's, China's Mengniu Dairy has signed off a $600 million deal for Lion Dairy and Drinks.

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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