Lion Dairy & Drinks a good fit for Coca-Cola Amatil: Citi
As the clock ticks on Japanese brewer Kirin’s strategic review of Lion Dairy & Drinks, Australia’s largest non-alcoholic beverages manufacturer, Coca-Cola Amatil, is emerging as the most likely buyer of brands such as Berri juice, Dare iced coffee and Big M flavoured milk brands.
Dairy prices fall to eight-month low
Dairy prices have fallen to the lowest level in eight months, in the latest global auction overnight.
Vice premier calls for faster upgrades in dairy industry
Chinese Vice Premier Hu Chunhua has called for faster transformation and upgrades in China’s dairy industry, stressing the significant role of dairy farmers.