Australian media: the government may veto the Mengniu acquisition
[Global Times news] the Australian financial review reported on the 20th that the Australian government would not approve the acquisition plan of China Mengniu Dairy to Xiongshi dairy beverage company, Australia’s second largest dairy producer, due to “diplomatic issues”. The deal is worth a $600 million. Mengniu responded to the media on the 20th that the approval was still in the process.
