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Finance

Couche-Tard drops $20bn Carrefour takeover plan

Couche-Tard drops $20bn Carrefour takeover plan

Canada’s Alimentation Couche-Tard has dropped its US$19.6 billion bid to acquire European retailer Carrefour SA after the takeover plan ran into stiff opposition from the French government, two sources familia...
Unilever CEO: global consumption will remain depressed during first half
Fermentum buys Two Birds Brewing
Circle K parent Couche-Tard offers US$20bn for Carrefour
Staples makes US$2.1 billion bid for rival Office Depot

Finance Archives

Bertolli pasta sauce

Unilever sells Bertolli sauce business to Dutch company

UK company will continue to manage brand during six-month transition period.

JobKeeper cut as business gets back underway

Employers will find less support from governments as they prepare for the months ahead.

Businesses now obligated to disclose payment terms with some suppliers

After a one-year grace period, businesses can be fined for failing to comply with the new Payment Times Reporting Act.

Asaleo Care buys Tom Organic feminine hygiene business

Libra brand's parent extends its portfolio into higher-value sector.

RFG is going to court over “unconscionable” conduct toward franchisees

The franchising group allegedly withheld critical profit and loss information and falsely represented certain stores as ...

Metcash delivers strong first-half result despite pandemic

Shop Local movement benefits IGA during the first half, Metcash said.

Naked Wines to support winemakers following strong first half

Online wine marketplace Naked Wines has enjoyed massive growth in the first half of the new financial year, with local r...

Unilever restructure sees FMCG giant become wholly British

Unilever’s Dutch shares traded in Amsterdam for the last time on Friday.
Sliced cheese

Bega source confirms due diligence underway on Lion Dairy deal

A Bega source has confirmed the company is engaged in due diligence over the purchase of Kirin's dairy assets in Austral...
Yoplait logo

Bega to buy Kirin’s Lion Dairy & Drinks business

Japanese brewer Kirin Holdings has reportedly entered into a deal to sell its Lion Dairy & Drinks subsidiary in Australi...

Craft beer sales surge in spite of pandemic

Despite the Covid-19 pandemic badly affecting many businesses across various sectors, the craft beer industry is one tha...

WHSmith repays more than $2.2 million to underpaid workers

WHSmith has paid back more than $2.2 million it owed to workers who were underpaid, and has agreed to an Enforceable Und...

Johnson & Johnson loses US$2.12bn baby-powder appeal bid

Missouri's highest court on Tuesday refused to consider Johnson & Johnson's appeal of a $2.12 billion damages award to w...
7-Eleven’s workplace

7-Eleven’s workplace compliance gets thumbs up after audits and $173m back pay

7-Eleven’s workplace compliance has improved significantly over the past three years, according to the Fair Work Ombudsm...
Hardware Lane in Melbourne's CBD

The suburbs are the future of post-Covid retail

The Covid-19 pandemic delivered a body blow to CBD retailers, but it’s just the latest of their challenges in recent yea...