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Australian milk brands Dairy Farmers and Big M taken over by a Chinese company!!
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ZGoldenReport
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Published 4 years ago
Iconic Australian milk brands Dairy Farmers and Big M are to be taken over by a Chinese company
The $600million deal was announced on Friday with no opposition from ACCC
Mick Keogh, the ACCC's deputy chair, said the takeover was fair to competitors!?
The whopping $600million deal was announced on Friday after the Australian Consumer and Competition Commission said they would not oppose the takeover of either of the brands by China Mengniu Dairy Company Ltd.
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