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RSS FeedsAustralian baby formula giant's Chinese takeover approved
(ABC News Business)

 
 

15 november 2019 03:25:10

 
Australian baby formula giant's Chinese takeover approved
(ABC News Business)
 


The fourth-largest producer of baby formula in Australia is set to be snapped up by a Chinese dairy giant, as Treasurer Josh Frydenberg ticks off the $1.5 billion deal, but the conditions of the takeover are a sign the Government is wary of community concerns around local supply.


 
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