ACCC approves Saputo’s proposal to acquire Lion’s cheese business
date:Sep 29, 2019
lk processors in Tasmania include Mondelez-Cadbury, Lactalis-Parmalat and a small fresh-milk plant in Hobart, which will be retained by Lion.

Keogh added that the ACCC does not think the acquisition will lessen competition and acknowledged there is a significant degree of concentration in the Tasmanian dairy sector.

Additionally, the authority said it has examined the deal impact on the supply of cheese products in the country and concluded that it would not significantly affect the competitio
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