Stock

Bellamy's has a new CEO, with Andrew Cohen temporarily at the helm.

Shares down as Bellamy’s returns to trading

By Jim Cornall

There have been changes at Australian formula makers Bellamy’s as CEO Laura McBain has stepped down and been immediately replaced with former COO Andrew Cohen taking over in a temporary capacity.

Shanghai Maling could soon become one of China's biggest beef producers

China’s Maling enters beef industry

By Oscar Rousseau

Huge profits and game-changing scale predicted for a Shanghai pork firm seeking to enter the beef industry through a 50% stake in one of New Zealand’s biggest meat processors. 

Last month Domty was the largest producer of cheese using Tetra Pak packaging in the world, for the third year running. © iStock.com

Domty announces $144m IPO details

By Eliot Beer

Egypt’s Domty has released details of its forthcoming initial public offering (IPO), with plans to sell 49% of the company for up to US$144m.

RPC Group

RPC to acquire ACE in China

By Jenny Eagle

RPC Group will acquire ACE Corporation Holdings Limited for $301m, with the deal expected to be complete by June 2014.

Bega’s share shed paves the way for Saputo takeover of Warrnambool

Bega’s share shed paves the way for Saputo takeover of Warrnambool

By RJ Whitehead

The announcement today by Australia’s Bega Cheese to sell its stock in Warrnambool leaves the way clear for Lion to follow suit, while Canadian dairy company Saputo should now be free to take over the New South Wales cheese and butter business.

Takeover Panel steps in to bring order to Warrnambool mess

Takeover Panel steps in to bring order to Warrnambool mess

By RJ Whitehead

Australia’s Takeover Panel has called the revisions made to the fraught takeover deal by Saputo of Warrnambool Cheese and Butter “confusing” and “disrupting” as it attempted to simplify the heated three-way bidding war for the Australian dairy manufacturer.

Australian regulator blocks Saputo WCB takeover bid

Australian regulator blocks Saputo WCB takeover bid

By Mark ASTLEY

Canadian dairy giant Saputo has been ordered by the Australian Takeovers Panel not to process any acceptances received under its latest bid for Warrnambool Cheese and Butter (WCB), following a complaint by rival bidder, Murray Goulburn. 

Shareholders give go-ahead for Smithfield-Shuanghui deal

Shareholders give go-ahead for Smithfield-Shuanghui deal

By RJ Whitehead

By calling it a “great transaction” for shareholders, farmers and agriculture in the United States, Smithfield Foods chief executive Larry Pope couldn’t have been more ebullient now his shareholders have rubber-stamped Shuanghui’s takeover of the American...

Mengniu and China Modern Dairy cryptically deny takeover rumours

Mengniu and China Modern Dairy cryptically deny takeover rumours

By Mark ASTLEY

China Modern Dairy has played down rumours of a takeover by “a third party” – assumed to be Mengniu – but has confirmed that talks are ongoing with the unnamed company in regards to the “possible disposal of certain assets.”

Indofood seeks debt recovery

Indofood seeks debt recovery

PT Indofood Sukses Makmur, the Indonesian wheat flour producer and
food company, has said it is expecting up to 5 per cent growth in
sales for 2004 in the same week that it launches a further bond
offering on the Surabaya Stock Exchange...

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