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Australia: Baiada Poultry to put up a new proposal

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australiaAustralia's ABC Rural recently reported that a merger between two of Australia's major chicken processors could still go ahead, because of a new proposal.

Baiada Poultry wanted to acquire Bartter Enterprises, which owns the Steggles brand, but the Australian Competition and Consumer Commission blocked the move in February. So Baiada has put up a new proposal: upon acquiring Bartter, it will sell all assets owned by Bartter in Victoria to La Ionica Poultry.
The assets include Bartter's Geelong processing plant, breeding farms and a feed mill in North Melbourne.
 

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