• Bloomberg

  • SHARE

Kirin Holdings Co.’s sale of its Australian dairy unit has attracted interest from China’s top milk producer as well as Canadian rival Saputo Inc., according to sources.

Inner Mongolia Yili Industrial Group Co., China’s biggest dairy company, and Saputo have each spoken with investment banks about exploring potential offers for the Lion Dairy & Drinks Pty. business, the sources said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)