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Bellamy's bidder China Mengniu agrees deal to buy Lion Dairy

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China Mengniu Dairy is set to acquire one of the country's biggest fresh milk processors and drinks companies, Lion Dairy and Drinks.

Kirin has finally secured a buyer for Lion Dairy and Drinks business, which includes Yoplait yoghurt,  Fairfax Media

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Tim Boyd is a journalist, based in Sydney, who writes for the Street Talk column. Connect with Tim on Twitter. Email Tim at tim.boyd@afr.com

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Original URL: https://www.afr.com/street-talk/bellamy-s-bidder-china-mengniu-agrees-deal-to-buy-lion-dairy-20191125-p53dpr