Acquirer(s)
- Saputo Dairy Australia Pty Limited
Target(s)
- Lion-Dairy & Drinks Pty Ltd
Summary
Saputo Dairy Australia Pty Limited (Saputo) proposes to acquire Lion-Dairy & Drinks Pty Ltd (Lion D&D).
Lion D&D and Saputo both operate dairy processing plants and purchase raw milk from dairy farmers, as well as supplying dairy products to retailers.
Market inquiries
| Document title | Date | |
|---|---|---|
| Saputo Lion D&D - Market Inquiries Email - 20 October 2020 |
Timeline
| Date | Event |
|---|---|
ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
|
Closing date for submissions. |
|
ACCC discontinued its public review after Saputo informed of its intention to withdraw its proposed acquisition of Lion Dairy & Drinks. |