MGC mg unit trust
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Chinese Buy Control Of Aussie Dairy

  1. usc75
    7,030 Posts.
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    15/08/16
    15:39
    Post #: 18520814
    Stop Press: Monday 15ht August 2016

    Burra Foods a major Victorian-based dairy processor has sold majority interest to Chinese company

    FIRB has approved the deal. See Link.

    http://www.abc.net.au/news/2016-08-...ives-approval-to-burra-foods-takeover/7735400

    Not long ago, didn't someone float the same idea for MG? i.e. selling out to Chinese?

    Is this a timely reminder of MG's past, present and possible future?

    No doubt, more fodder for the Aussie cows-and their handlers- at milking time!

    DYOR
    MGC Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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