Snackfood company Real McCoy announced yesterday that around 40 people would be made redundant at their factory in Shepparton. Campbell Arnott’s, which sold their snacks division to Real McCoy last...

PepsiCo has continued in its bid to acquire its two US anchor bottlers Pepsi Bottling Group and PepsiAmericas, and remains convinced that there are annual synergies of at least $200 million. After rejections...

Heinz, after posting record sales in Fiscal 2009 are now on their way to expand their Golden Circle brand in Asia-Pacific. At last week’s 2009 Investor and Analyst Meeting, William Johnson, Chief...

Reports are circulating in the European press that the world’s largest yoghurt maker Danone could make a play for Italian dairy firm Parmalat. Parmalat’s share price soared overnight as rumours...

Metcash is keen to see the ACCC block the acquisition of Macro Wholefoods by Woolworths, according to a report in the Australian Financial Review. Woolworths, Australia’s largest supermarket chain,...

Woolworths is looking for a swift expansion of their Thomas Dux upmarket grocery chain with Wednesday’s purchase of Macro Wholefoods but will the competition regulator block it? A deal was struck...

PepsiCo announced overnight that it would sue Pepsi Bottling Group (PBG) and some of its directors. The news comes in the wake of PBG, Pepsi’s largest bottler, declining a takeover proposal from...

Lion Nathan today announced that it had signed an Implementation Agreement with Kirin Holdings for Kirin’s $3.5b takeover. Late last month the Lion Board accepted a $12.22 per share offer by Kirin...

PepsiCo’s bid to regain control over their distribution in the US has received another blow overnight with bottler Pepsi Americas rejecting their takeover offer. Last month PepsiCo made a takeover...

Lion Nathan shares have entered a trading halt this afternoon after the company raised concerns over a possible breach in the confidentiality of talks with major shareholder Kirin Holdings. Australia’s...