Bellamy's baby food packages in different flavours on supermarket shelf. Photo: Shutterstock

Mengniu Dairy moves to buy Australia baby milk formula maker Bellamy’s for US$1 billion as part of global expansion goals

  • Deal accepted by Bellamy’s but must be approved by Australian board
  • Takeover would strengthen Mengniu both in home and foreign markets
Topic |   China economy

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Bellamy's baby food packages in different flavours on supermarket shelf. Photo: Shutterstock
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