Food and Beverages

KKR cashes out of China Modern Dairy

Private equity firm sold remaining shares in China Modern Dairy for about US$80 Million.

Food supplier OSI to let another plant in China

Golden state foods to run fruit and vegetable facility in Guangzhou.

OSI's troubles reflect broader perils for business in China

Beijing's scrutiny increases as bad publicity's effects move swiftly.

KKR parts ways with ex-CCA chief

Treasury Wine suitor ends advice agreement with Terry Davis as it enters final weeks of due diligence.

More suitors opt for unsolicited bids, snub boards

About half of the 22 takeovers valued over $1 billion announced in the first six months of 2014 were without approval from the target.

TWE could change AGM date

Takeover target contemplates changing meeting to coincide with potential bid vote.

Russia shuts eight McDonald's restaurants

Moscow alleges sanitary violations at American brand as geopolitical tensions grow.

Picks of the week

In this week's essential reading guide, Kohler assesses our addiction to dividends, Bartholomeusz reflects on Qantas' massive loss, and Gottliebsen talks about how CEOs can learn from a new young player.

How to solve Australia's youth unemployment crisis

7 comments
There's a lot of work to be done to tackle the nation's high youth unemployment. The CEO of Seek says younger people should tailor their studies to industries where there are jobs, but they also must be taught how to secure a job in the first place.

Retail Food splurges on coffee, pizza chains

RFG acquires mobile coffee franchise Cafe 2U as well as franchise rights for the La Porchetta pizza chain.

What Australian CEOs can learn from fast food's young gun

1 comment
Many of Australia's chief executives simply want to produce income for shareholders, but Burger King's 33-year-old CEO is chasing global growth and transforming the ailing franchise.

Fonterra seeks tie-up with Chinese baby foods maker

Deal would give access to Beingmate's extensive distribution network.

China is awash in grain crops

Surpluses will be sold into a global market already in oversupply.

McDonald's could break with supplier OSI

Fast food giant suspends relationship pending results of Chinese government investigation.

Buffett to fund Burger King inversion deal

Fast food giant's merger with Canadian coffee chain yet to gain Washington approval.

Juice maker Nudie hires bank on takeover talk

Privately owned Nudie has hired UBS to field several takeover approaches for the company.

Wine maker secures foothold in China

by AAP
Maker of McGuigan Wines secures distribution deal with a major Chinese food company.

ACCC 'must put Woolies on short leash'

Backlash against supermarket chain's market power spreads to its liquor operations.

DataRoom AM: PacBrands' big plans

Speculation is swirling that Pacific Brands may be looking to offload its prized brands, while juice company nudie foods is up for sale.

Juice maker nudie up for sale: report

Group seeking bid up to $60 million, appoints UBS to manage sale.

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