Farmers want checks on Mengniu's Lion Dairy bid
Treasurer Josh Frydenberg is under pressure from dairy farmers and regional politicians to closely scrutinise the $600 million sale of one of Australia's largest milk processors, Lion Dairy & Drinks, to China Mengniu Dairy Company.
Nationals MP Barnaby Joyce called for the deal to be "paused", while dairy farmers struggling to stay afloat amid soaring costs for feed said the sale should be conditional on a floor price for the farm gate or retail price of milk.
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