15 December 2024
Kirin gets FIRB approval for Lion Nathan takeover
Japanese brewer Kirin Holdings has received the all clear from the Foreign Investment Review Board for their takeover of Australia’s second largest brewer – Lion Nathan.
The $3.5 billion takeover offer was accepted by the Lion Board last month but still requires approval from shareholders and the Australian Consumer and Competition Commission.
The ACCC is due to decide on July 1 whether or not Kirin’s expansion in Australia – they have purchased National Foods and Dairy Farmers in the past two years – can continue.
AFGC welcomes moves to strengthen Aussie manufacturing
The Australian Food and Grocery Council (AFGC) has welcomed moves by the Federal Government to stre...
Coles to take centre stage in Aussie AFL footy games
Coles has been announced as the "official supermarket partner" at all AFL and AFLW games in 2020 to...
Overseas born Australians are spending more on groceries
The rate at which Australians born overseas are purchasing fast moving consumer goods is growing fas...
Clean Seas Tuna significantly increases its sales
ASX-listed Clean Seas Tuna has increased its sales for its 2016 financial year by 83 per cent on its...
Domino’s Pizza delivers investors a bigger market slice
The recent annual results of Domino’s Pizza Enterprises Limited have delighted its investors.
WA’s Brownes Dairy acquired by Chinese investors
A consortium of Chinese investors has acquired well-known Western Australian dairy company, Brownes ...
Fonterra FY17 net profit drops 11 per cent
Fonterra has reported a 2017 financial year net profit after tax down 11 per cent on its 2016 result...
McDonald’s Australia meets cage-free egg target
McDonald’s Australia has confirmed that it has achieved its goal of using cage-free eggs by the end ...