BAL bellamy's australia limited

The A$1.5 billion sale of Bellamy's Organic to a Chinese dairy...

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    • The A$1.5 billion sale of Bellamy's Organic to a Chinese dairy company is almost certain after Treasurer Josh Frydenberg gave it the green light
    • The deal was first announced in mid-September and will see the dairy company purchase all shares in Bellamy's for $13.25 each
    • However, there are a range of conditions which must be followed if the sale proceeds, meaning Bellamy's must keep its headquarters in Australia for at least 10 years
    • BAL is up slightly this morning with shares trading for $13.20 apiece

    Click here for the entire article on The Market Herald
 
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