ACCC approves Saputo’s proposal to acquire Lion’s cheese business
date:Sep 29, 2019


Prior to announcing its decision, ACCC carried out an investigation to examine if the deal could impact the competition in the market as Saputo currently operates a milk powder processing plant in Smithton, Tasmania.

ACCC deputy chair Mick Keogh said: We looked very closely at the transaction because it will combine the processing plants of the second and third biggest raw milk buyers in Tasmania. We spoke with many farmers and other interested parties.

Some farmers told us that Lion has bee
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