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FIBR okays Mengniu’s move to acquire Bellamy’s

The Foreign Investment Review Board (FIRB) has announced that it would not stand in the way of the proposed transaction that will see Chinese...

Mengniu to acquire Bellamy’s for $1.5bn

Chinese dairy giant Mengniu is set to acquire 100% of the issued shares of Tasmanian-based baby formula maker Bellamy's in a deal valued at $1.5 billion. Mengniu...

Bellamy’s sacks CEO, announces new cost management program

Struggling infant formula manufacturer Bellamy's has sacked its Chief Executive Officer Laura McBain after ending the 40-day trading halt on Wednesday. The company, whose shares...

Fonterra and Bellamy’s to sign strategic agreement for new range of baby nutritional powder

Fonterra and Bellamy’s Australia have announced plans for a strategic agreement to manufacture a range of new baby nutritional powder. Commenting on the announcement, Fonterra...
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