The Australian Competition Authority clears a proposed merger in the raw milk market (Lion Dairy & Drinks / Mengniu)
Mengniu deal to buy Lion Dairy & Drinks not opposed*
The ACCC will not oppose the proposed acquisition of Lion Dairy & Drinks Pty Ltd (Lion D&D) by China Mengniu Dairy Company Ltd (Mengniu) after closely considering the potential impact on competition.
Mengniu is proposing to acquire Lion D&D’s raw milk processing facilities in Australia, two of which are located in Chelsea and Morwell in Victoria.
The ACCC’s
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