Coca-Cola Amatil (Amatil) is putting its sale to Coca-Cola European Partners (CCEP) to the vote next month, and the company has told shareholders the deal is as good as it gets, warning that share prices could fall if it doesn’t go ahead.
Troubled Australian wine group and takeover target Treasury Wine Estates wants to accelerate its high-value US business and is exploring possible acquisitions or takeovers there.
ADM will put forward a third, higher bid of A$3.4bn ($3.5bn) for Australian bulk grains specialist GrainCorp after a full financial review of the company.
Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the number of native breweries it directly controls.
The Australian Takeovers Panel has rejected SABMiller’s claim that Foster’s published “misleading and deceptive” information in its financial results last week.