Freedom Foods responds to media reports

Company News

by Anna Napoli

Freedom Foods Group (ASX:FNP) has responded to recent media speculation regarding the Company’s potential involvement in an acquisition of the Lion Dairy and Drinks Portfolio.

Lion is currently the subject to a sale process by Kirin Holdings Company Limited.

Freedom Foods says it is not pursuing a bid for the LDD Portfolio as part of any current sale process.

The company has reconfirmed its focus on delivering unique capabilities and opportunities across Dairy Beverages and Nutritionals, Plant Based Beverages and Specialty Cereals and Snacks.

Shares in Freedom Foods (ASX:FNP) are trading 6.54 per cent higher at $4.56.

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.