Announcement
25 Aug 2020
The Chinese company Mengniu Dairy withdrew their offer to purchase Australian-based (Japanese-owned) company, Lion Dairy and Drinks, after Australian Treasurer, Josh Frydenberg, cited concerns of national security.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
25 Aug 2020
Revocation date:
No revocation date
FDI: Entry and ownership rule
In force
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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