Australia

Blow For AB InBev's $11bn Asset Sale To Asahi As Australia Raises Concerns

Australia's competition regulator raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi, deal...

Germany's Nordzucker Expects A Return To Profit In 2020/21: CEO

Germany's second largest sugar refiner Nordzucker expects to turn a profit in 2020/21 after a major cost overhaul and plans further expansion beyond Europe...

Circle K Owner Sweetens Proposal For Caltex Australia

Canadian convenience store operator Alimentation Couche-Tard Inc sweetened an approach for Caltex Australia with a A$8.61 billion (€5.27 billion) offe...

Britain's Sainsbury's In Wholesale Deal With Australia's Coles

British supermarket group Sainsbury's has struck a deal to sell packaged groceries and household products in Australia as it seeks to grow its wh...

PZ Cussons Flags Weak Consumer Confidence In Key Markets

PZ Cussons Plc said on Wednesday it expects conditions in its key markets to remain challenging for the rest of the first-half, as the cosmetics and soap m...

Australia Lowers Wheat Export Forecast By 7.7% On Drought

Australia on Tuesday lowered its forecast for wheat exports for the 2019/20 season by 7.7% as a prolonged drought wilts supplies. The reductio...

Hilton Food Group Boosted By UK, Australia Operations In First Half

Hilton Food Group has said that its first-half performance was boosted by contributions from both its UK and Australia business, as the group posted a reve...

Kaufland Australia Gets Green Signal For Two More Stores

German retailer Kaufland has announced that it has obtained the approval to open two more outlets in Victoria. In March of this year, the retailer acqui...