Lion to sell Lion Dairy and Drinks
date:Oct 11, 2018
ontinue to explore opportunities in growing high margin categories in both alcohol and non-alcohol adjacencies, with a view to nurturing and growing other craft beverage brands.

The sale process will commence immediately and Deutsche Bank has been appointed as the investment bank coordinating the sale process and King Wood Mallesons as legal adviser. Greenhill Co Australia has been appointed as independent financial adviser.

Any sale of LDD will not impact Lions alcohol businesses in Austral
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