Three’s a crowd: bidder field narrows for Fonterra as Bega pairs up

Three’s a crowd: bidder field narrows for Fonterra as Bega pairs up

Bega is advised by corporate advisory boutique Kidder Williams while FrieslandCampina has investment bank Citi in its corner.

Lactalis gets Aus competition go-ahead on Fonterra

Reading Time: 2 minutes The Australian Competition and Consumer Commission says it would not oppose French dairy giant Lactalis BSA from purchasing Fonterra’s consumer, dairy ingredients and food service businesses across the Tasman. Both companies currently get raw milk from dairy farmers in Victoria and Tasmania, as well as processing and supplying a range of dairy products across Australia. This means Lactalis can proceed with discussions wit…