The Directors of Australia’s only ASX-listed sugar miller, MSF Sugar (formerly Maryborough Sugar Factory Limited), have accepted a A$4.45 per share takeover offer by Thai sugar company Mitr Phol. In...

Sucrogen, the Australian-based sugar subsidiary of Singapore-listed Wilmar International Limited, has been given approval to purchase Proserpine Sugar Mill by the mill’s creditors, Westpac Bank. Sucrogen’s...

The Full Federal Court has upheld a primary Federal Court judgment which allows Metcash to acquire shares in the Franklins chain of supermarkets, from Pick n Pay Retailers. The Australian Competition and...

The Australian Competition and Consumer Commission yesterday announced that it will not oppose the acquisition of the iconic Australian Foster’s Group by SABMiller. According to ACCC chairman Rod Sims...

Multi-national brewer SABMiller has agreed with Foster’s Group Limited a recommended cash offer to Foster’s shareholders at A$5.10 per share, which values Foster’s equity at approximately...

North American packaged foods giant ConAgra Foods announced today that it will withdraw a US$5.18 billion proposal to takeover US food manufacturer Ralcorp Holdings if negotiations do not begin by 19 September...

Ireland’s Kerry Group yesterday revealed it is in exclusive talks to buy Cargill’s flavours business. The Ireland-based company, which owns consumer brands like Wall’s sausages but derives...

Lactalis has claimed it has become the world’s largest maker of dairy products, after the French company sealed the takeover of Italian rival Parmalat, owner of Australian milk brand Paul’s. After...

Nestlé has confirmed it is in talks about a possible takeover of Chinese confectionery company Hsu Fu Chi.The world’s largest food maker said yesterday (4 July) that it was “engaged in preliminary...

The European Commission has cleared Lactalis’s proposed acquisition of fellow dairy group Parmalat, producer of Australian milk brand Paul’s.Lactalis has made a EUR3.4bn (US$4.91bn) takeover...