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Australia: Australian government rejects Chinese purchase of Lion Dairy and Drinks

Description

On August 25th, 2020, the Chinese company Mengniu Dairy Company Limited withdrew their offer to purchase the Australian-based (Japanese-owned) company Lion Dairy and Drinks on the grounds of national ...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

25 Aug 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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