Bellamy's Australia has put its shares in a trading halt as it determines the impact of the suspension of a key licence by Chinese authorities overnight at its recently acquired Victorian cannery, Camperdown Powder.
Last month, it raised $60 million to help fund the purchase of the cannery, which was supposed to deliver the company a key licence to allow its products to be sold into China, where regulations change in 2018.
The acquisition of a 90 per cent interest in Camperdown settled three days ago.
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