Yili’s acquisition of Westland Dairy wins OIO approval
A High Court hearing Thursday will finalise the scheme of arrangement.
The Overseas Investment Office (OIO) has approved Yili’s acquisition of West Coast dairy co-operative, Westland Dairy.
Yili is a Shanghai-listed company that sells liquid milk, milk powder, yoghurt, ice cream and cheese in China. Westland employs 573 people and exports 87.5% of its dairy
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