Talks between Woolworths and Australia's competition watchdog over the creation of a streamlined acquisition process have collapsed with the retailer arguing it should apply to all industry participants. A statement by the Australian ...
Tags: hardware, liquor, supermarkets, Woolworths
A range of 2012-built Mercedes-Benz M-Class SUVs have been recalled in Australia due to an ill-fitting non-standard floor mat,following a US recall for an identical issue announced in August. According to the official recall notice ...
Tags: Mercedes-Benz M-Class, non-standard floor mat, Australia, US
Australia's leading poultry processor Inghams Enterprises has been put up for sale by its only shareholder Bob Ingham,in a deal which is expected to attract food companies as well as private equity firms. Investec Bank has been appointed ...
Tags: poultry processor, private equity firms, competitor, annual sales
Japanese carmaker Nissan has recalled the Dualis models (Qashqai) due to a problem with the steering and the X-Trail model because of a potential fire risk in Australia. The recall affects 3,000 units of the Nissan Dualis, or Nissan ...
Two private equity firms,US-based Blackstone and Hong-Kong based Affinity Equity Partners are likely to make a bid for Australia's leading poultry processor Inghams Enterprises. The indicative bids for the business are expected to be ...
Tags: poultry processor, make a bid, ACCC
The Chinese-built Geely MK small car has been recalled in Australia after asbestos was found inside two of the vehicle's engine components. All three of Australia's cut-price Chinese passenger vehicle brands have now been involved in an ...
The Australian Competition and Consumer Commission will not oppose the proposed acquisition of Pfizer Nutrition,a global infant nutrition business,from Pfizer Inc by NestléS.A,after accepting a court-enforceable undertaking.See ...
The Australian Competition and Consumer Commission (ACCC) has announced that it would not oppose Nestlé's $11.85bn deal to acquire Pfizer's infant nutrition business. However, the commission asked Nestlé to license its brand ...
Tags: ACCC, Nestlé, acquire, infant nutrition
Packaging company Amcor has announced the sale of its flexible packaging plants in Australasia to Integrated Packaging for $22m. According to Amcor, the sites were purchased as part of the Aperio acquisition and concentrated on non-core ...
Tags: packaging, Amcor, sale, flexible packaging, acquisition
The Federal Court has ordered Gold Coast retailer UNJ Millenium Pty Ltd to pay $55,000 in penalties after it admitted it made false or misleading claims that sheepskin and wool bedding products were made in Australia, contained 100% sheep ...
Tags: wool bedding products, sheepskin, wool, 100%alpaca wool