I thought to start a new thread for all media articles. The...

I thought to start a new thread for all media articles.
The following is in the smh - the relevant part, which is pretty amazing is posted here.

Mr Lu said Mengniu's proposed acquisition of Bellamy's would be "complementary" to Mengniu's Yashili milk formula business, and would help it accelerate its growth ambitions in China and South East Asian infant formula markets.

"This is a very good fit within our strategy and growth in the infant formula market," he said.

Analysts were told that the China organic infant formula market had grown at a compound annual growth rate of 43 per cent over the past five years.

"When we look at the IMF (infant milk formula) market in China we have seen that organic (IMF) and also baby food...is a highly attractive market for us," Mr Lu said.