Friday, January 3, 2025
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Mengniu to acquire Bellamy’s for $1.5bn

Chinese dairy giant Mengniu is set to acquire 100% of the issued shares of Tasmanian-based baby formula maker Bellamy's in a deal valued at $1.5 billion. Mengniu...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.