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VDL dairy company sale approved by Foreign Investment Review Board

Tasmania's dairy cows are world famous
Tasmania's dairy cows are world famous Source: flickr - Atsushi Kase

The Foreign Investment Review Board (FIRB) has approved the application of Moon Lake Investments to buy the dairy giant Van Diemen's Land Company (VDL).Key points: FIRB approves sale of New Zealand-owned Tasmanian dairy giant Van Diemen's Land Company to Moon Lake Investments. Federal Treasurer Scott Morrison says investment commitments from the buyer mean more jobs in Tasmania. Gar Foong reports.


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By Aaron Wan

Source: SBS



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The Foreign Investment Review Board (FIRB) has approved the application of Moon Lake Investments to buy the dairy giant Van Diemen's Land Company (VDL).Key points: FIRB approves sale of New Zealand-owned Tasmanian dairy giant Van Diemen's Land Company to Moon Lake Investments. Federal Treasurer Scott Morrison says investment commitments from the buyer mean more jobs in Tasmania. Gar Foong reports.



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