China Mengniu Dairy is one of the leading manufacturers of dairy products in China. Bellamy’s is a globally recognised Australian organic brand business, selling organic food and infant formula products for babies and toddlers.
September 18, 2019 at 04:33 PM
1 minute read
Correspondent, Sydney
A cross-border team from global law firm Norton Rose Fulbright is advising China Mengniu Dairy Co. on its planned $1 billion (A$1.5 billion) acquisition of baby formula maker Bellamy’s Australia.
Under the proposed acquisition, Bellamy’s shareholders will receive a total of A$13.25 cash per share, inclusive of a special dividend of A$0.60 per share.
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