WESFARMERS on Friday entered into a trading halt as it provides details on its proposed $20 billion demerger of Coles, on which shareholders will vote November 15. If the demerger proceeds, which is subject...

A possible class action lawsuit against Woolworths over a 2015 share dive incident has lost its financial backing. Litigation funders, IMF Bentham, announced last week that it would no longer fund a previously...

Australian dairy ingredient processor, Burra Foods, has sold a 79 per cent stake in its business to Chinese dairy farming company Inner Mongolia Fuyuan Farming Company (Fuyuan). Existing shareholders,...

Price not yet right for potential Tassal acquisition of De Costi Seafoods Australian salmon company Tassal Group Limited (Tassal) has responded to speculation in the media that a potential acquisition...

Treasury Wines receives revised takeover proposal The Board of Treasury Wine Estates Limited (TWE) has announced that it has received a revised, indicative, non-binding and conditional proposal to acquire...

Treasury Wines has rejected a takeover bid from US-based global investment firm Australian winemaker Treasury Wine Estates Limited (Treasury Wines) has rejected a takeover proposal of $4.70 cash per share...

Murray Goulburn has announced new projects and a proposed shareholding restructure Victoria-based dairy co-operative Murray Goulburn has announced it will invest $127 million in three new capital projects...

The Australian Government’s Takeovers Panel has issued interim orders to prevent Canadian dairy company Saputo from processing any acceptances received under its takeover offer for Warrnambool Cheese...

Australian dairy processor Murray Goulburn Co-opertive Co (Murray Goulburn) has made a legal challenge to the latest bid for Victorian dairy company Warrnambool Cheese and Butter (WCB) from Canadian dairy...

Australian dairy co-operative Murray Goulburn is considering allowing external investment in the co-operative, as part of its capital structure review, which has been conducted over the last nine months. Raising...