Business
Chinese firm’s $600 million deal to buy Pura milk, Dare iced coffee collapses – NEWS.com.au
Chinese firm’s $600 million deal to buy Pura milk, Dare iced coffee collapses
A lucrative deal to sell the company behind some of Australias most popular milk brands to a Chinese firm has been called off.The $600 million sale of Lion Dairy and Drinks to Mengniu Dairy was first announced last December.
While Lion produces some of the country’s top-selling dairy products – including Dairy Farmers, Pura, Dare, Farmers Union, Big M and Vitasoy as well as Yoplait yoghurt and Daily Juice – it is actually owned by Japanese beverage giant Kirin.
The dairy and drinks component o…
-
Noosa News15 hours agoIncrease in extreme weather events poses ‘substantial risk’ to blood supplies, researchers warn
-
General19 hours agoGerman palliative care doctor with alleged ‘lust for murder’ accused of killing 15 patients
-
Noosa News24 hours agoTributes flow for Geham wife and mother after husband charged with murder
-
Noosa News15 hours agoHow to find out your TikTok personality – and become a ‘citizen scientist’