Lion Dairy sale terminated
Lion and China Mengniu Dairy have mutually agreed to cease the sale process.
China Mengniu Dairy Company Limited (Mengniu Dairy) has been awaiting the outcome of the Foreign Investment Review Board (FIRB) review of its proposed purchase of Lion Dairy & Drinks, Lion said in a statement.
Given this approval is unlikely to be forthcoming at this time, Lion and Mengniu Dairy have agreed to cease the process. “We are disappointed with this outcome and will now consider pathways forward in relation to the Lion Dairy & Drinks business,” Lion said.
Massey University expands its youth program across food and fibre sector
The two educational programs planned for early 2027 are designed to provide Year 12 and 13...
Aussie lolly brand to expand into the US market
From 13 September, Australia-founded lolly brand FUNDAY will be launching five of its varieties...
NZ's winemaker and viticulturist awards announced
Nick Lamain becomes the 2026 Young Winemaker of the Year, and Kris Godsall is the 2026 Young...
