date:Feb 25, 2016
. The dairy produces 7.7 million kilograms of milk solids every from approximately 18,000 cattle.
Morrison stated the deal will be subject to new conditions and it has to agree with the taxation law of Australia and directions to provide information related to the investment.
Morrison was quoted by the Financial Times saying: A breach of these conditions could result in prosecution, fines and potentially divestment of the asset.
Moon Lake will invest $72m in the dairy, maintain the quality of