Archives for August 3, 2014

Penfolds maker Treasury Wine Estates welcomes $3.15bn takeover bid

Penfolds producer Treasury Wine Estates has welcomed a $3.15bn takeover proposal from private equity firms Rhone Capital and KKR and will let them to conduct due diligence on its books.

Australian institute to study ChromaDex's Niagen ingredient in mitochondrial respiratory conditions

ChromaDex Corp. announced an agreement to supply its Niagen nicotinamide riboside ingredient to the Murdoch Children’s Research Institute in Australia to enable researchers there to study the ingredient’s effects in cellular and animal models of...

Breast is best: Punjab gov sets new infant formula labelling rules

Labelling of infant formula sold in the Pakistani department of Punjab must now include the warning “mother’s milk is the best food for your baby and helps in preventing diarrhoea and other illnesses,” according to new prohibition and guidance rules...

Move over! Asia Pacific to top North America in 2014 confectionery sales

Asia Pacific will leapfrog North America in 2014 retail value confectionery sales to become the world’s second largest market, according to Euromonitor International.

Australia

Survey finds complementary healthcare industry is in good health

Business confidence is strong within Australia’s complementary healthcare segment with more than eight out of 10 companies expecting to see their businesses grow over the next three years.