Here’s some more pondering material I cand across today looking...

Here’s some more pondering material I cand across today looking at dairies :
Basically a reminder Lion is divesting it’s daury business and has been clear it wants to focus on craft beer .
This story from October 23, 2018 :

https://www.farmweekly.com.au/story/5716506/lion-puts-dairy-business-up-for-sale/
....  “The sale process will focus on finding the right owner to take LDD forward and unlock its full potential,” he said.
But Mr Isozaki’s statement made it clear Kirin had given up on notoriously thin margins in dairy processing to concentrate on chasing a lion’s share of much more lucrative margins in craft beers in the Oceania region.
“In order to maximise the business value of Lion, as well as the shareholders’ value of Kirin, we recognise we should prioritise accelerating investment in the higher-margin and high-growth craft beer category in Oceania and global markets, along with Lion’s emerging premium crafted beverage portfolio in Oceania, where we have ample growth opportunities,” Mr Isozaki said.“.....



Bumped again in Weekend Australian November 21 (sale drawing closer?)
https://www.theaustralian.com.au/bu...e/news-story/71a160fb53f399fd607b62767ab8390e
Suitors join forces for Lion’s share
.......
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... “The capital raised will fund growth in Lion’s other businesses, including its alcohol and coffee brands, and the group is looking to explore the global high-growth craft beer market.

It will leave Lion with its alcohol operations that span Australia, New Zealand and North America.”.......