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
Timeline
Date | Event |
---|---|
20/10/2020 | ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
05/11/2020 | Closing date for submissions. |
20/11/2020 | ACCC discontinued its public review after Saputo informed of its intention to withdraw its proposed acquisition of Lion Dairy & Drinks. |