Sale of Australia’s largest dairy gets the green light

A green light has been given for the sale of Australia’s largest dairy company, Van Diemen’s Land (VDL), which sits in the north-west of Tasmania. There has been a lot of controversy over this deal to a Chinese buyer but after a legal injunction blocking the sale was lifted, it can finally go ahead. Australian company TasFoods had obtained the injunction to stop its New Zealand owners selling VDL to Chinese businessman Lu Xianfeng. TasFoods claimed the New Zealand owners breached a sale