Giant Chinese firm Mengniu set to buy Bellamy's for $1.5 billion

Carlene Dowie
Updated September 16 2019 - 3:11pm, first published 11:00am
IDEAL: Bellamy's chief executive officer Andrew Cohen says Mengniu is an ideal partner for the business. Photo by Paul Jeffers/Fairfax Media.
IDEAL: Bellamy's chief executive officer Andrew Cohen says Mengniu is an ideal partner for the business. Photo by Paul Jeffers/Fairfax Media.

UPDATED: Bellamy's Australia has entered into a $1.5 billion takeover scheme with the China Mengniu Dairy Company.

Carlene Dowie

Carlene Dowie is the editor of the Australian Dairyfarmer magazine and has more than 30 years' experience as a rural journalist.

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