A man walks under a Mengniu billboard on a sightseeing boat in Shanghai in April 2011. Photo: Imaginechina

China Mengniu buys drinks business in Australia as dairy producer steps up overseas expansion

  • Chinese dairy producer to pick up Lion Dairy & Drinks’s milk, yogurt and juice products from Kirin for 45.6 billion yen (US$419 million)
  • Deal adds to acquisition of organic infant milk producer Bellamy’s Australia in September
Topic |   Mergers & Acquisitions

TOP PICKS

A man walks under a Mengniu billboard on a sightseeing boat in Shanghai in April 2011. Photo: Imaginechina
READ FULL ARTICLE