China Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: ImaginechinaChina Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: Imaginechina
China Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: Imaginechina

Australia to block China Mengniu Dairy Company’s buyout of Lion Dairy & Drinks from Japan’s Kirin Holdings, media report says

  • Australia Treasurer Josh Frydenberg has gone against the advice of the Foreign Investment Review Board, the Australian Financial Review reported on Thursday
  • China Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year in a deal worth A$600 million (US$434 million)

Topic |   China-Australia relations
China Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: ImaginechinaChina Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: Imaginechina
China Mengniu Dairy Company offered to buy Lion Dairy & Drinks from Kirin Holdings in November last year. Photo: Imaginechina
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