Food and Beverages

Salmon IPO to be priced at discount

Salmon producer Huon is likely to price its shares below bigger rival Tassal, as fund managers worry about planned spending.

Why Treasury Wine closed the lid on KKR and TPG

The price offered by the prospective bidders was just not full bottle, and there’s other opportunities that CEO Michael Clarke will want to explore.

Coles in three-year bread ad ban

by AAP
Federal court orders Coles to display notice that it broke consumer law, bans 'fresh' bread ads.

Treasury Wine ends takeover talks

Shareholders dismiss bids saying they undervalue the company, shares slide 15%

Wesfarmers must renew its conglomerate licence

9 comments
At a time when companies are under pressure to demerge and focus on their cores, investors have allowed Wesfarmers to remain a conglomerate. It needs to diversify very soon to stay that way.

KGB Interview: Richard Goyder

Wesfarmers chief executive and B20 chair Richard Goyder discusses the importance of B20 and how Wesfarmers is on the hunt for buying opportunities.

KKR leads race for Treasury

Formal bids have been lodged for Treasury Wine Estates, decision said to be imminent: report.

Food sector chases govt incentives

Food and grocery manufact­ur­ers seek new labour laws and investment incentives.

Scales tipped in favour of $400m Huon IPO

Simon Marais throws his support behind planned $400m-plus float of salmon company.

Treasury Wine fields two takeover offers: report

KKR, TPG complete formal offers for the troubled winemaker after completing due diligence.

Menora Foods attracts multiple suitors

At least five bidders have submitted indicative bids and a sale is expected by year end.

ACCC clears Goodman Fielder takeover

Watchdog will not oppose $1.9bn First Pacific, Wilmar buy, sees little scope for increased prices.

The supermarkets are eating their Corrigan greens

2 comments
The Corrigan siblings are building a formidable vegetable brand, much to the chagrin of Coles and Woolworths.

Court cracks 'free-range' egg claims

by AAP
Consumer watchdog hits Pirovic with $300,000 fine for misleading free-range egg claims.

Hundreds from China meat plant laid off

by AFP
OSI says 340 people would be made redundant following food safety scandal.

Xenophon warns on Woolies' 85c bread

by AAP
Senator says Woolworths 85c bread will hurt competition, cripple independent retailers.

Lactanz to take $30m in assets to market

Western Australia’s largest milk producer will again come to market at the end of this month.

Archer seeks Asian JV partner for Brownes dairy: report

The private-equity firm is seeking an Asian partner to invest in its Brownes Dairy business, the biggest producer of milk products in WA.

Food and shelter tops private league table

Providers of daily needs are chart toppers but sport springs some surprises in the Top 500 private companies.

Visy in chase for $1bn profit

Anthony Pratt reveals global empire will top $1bn in earnings within five to seven years.

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