China's Bright Food to buy Australian dairy firm Mundella
date:Jan 15, 2014
ill be finalised once Mundella's 2013 financial results are available, Pan said.

Interest in Australian dairy assets has grown due to surging sales in Asia of both traditional products such as milk and cheese and for high-tech nutraceuticals and probiotics.

A takeover battle for the country's oldest dairy producer, Warrnambool Cheese and Butter Factory Holdings Co, has been one of the most hotly contested in recent months, as Canada's Saputo Inc attempts to outbid local dairy companies Murray
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