Tag archive for ‘Australia’
By Raghuram Kadari On Tuesday, September 17th, 2019

Carlton & United Breweries acquires Riot Wine, expands portfolio

(adsbygoogle = window.adsbygoogle || []).push({}); Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired More...

By Raghuram Kadari On Monday, September 16th, 2019

Curragh coal mine : Thiess secures A$1.3bn contract extension from Coronado

Curragh coal mine : CIMIC Group through its unit Thiess has secured a six-year, A$1.3 billion contract extension from Coronado Global Resources to provide mining services at the Curragh Mine in Queensland, Australia. The More...

By businessnewstoday On Friday, September 13th, 2019

Future Media acquires Australian watchmaking company Oak & Jackal

Future Media, a California-based digital marketing company, has forayed into the direct-to-consumer market by acquiring Oak & Jackal, an Australian watchmaking company, for an undisclosed price. (adsbygoogle More...

By businessnewstoday On Monday, August 19th, 2019

Horizon Global to offload APAC towing and trailering equipment business

US-based Horizon Global, a manufacturer of towing and trailering equipment, has agreed to divest its Asia-Pacific (APAC) business segment to Pacific Equity Partners for AUD 340 million in cash. Horizon Global plans More...

By businessnewstoday On Saturday, August 3rd, 2019

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Food acquisition news : Campbell Soup Company has agreed to sell its Australian biscuit brand Arnott’s and some of its international operations to global investment firm KKR for $2.2 billion. Along with the previously More...

By Raghuram Kadari On Saturday, July 27th, 2019

Retail technology news : Coles selects Accenture for digital transformation

Retail technology news : Australian supermarket company Coles Group has entered into a long-term digital transformation partnership with Accenture to save costs of up to AUD 1 billion over the next four years through More...

By Raghuram Kadari On Saturday, July 20th, 2019

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

Belgian drinks giant Anheuser-Busch InBev (AB InBev) will sell its Australian business, Carlton & United Breweries (CUB), to Japanese drinks company Asahi Group for approximately $11.3 billion. Based in Melbourne, More...

By businessnewstoday On Wednesday, June 5th, 2019

St Barbara to acquire Canadian gold producer Atlantic Gold for $540m

St Barbara acquisition of Atlantic Gold : Australian gold mining company St Barbara has signed a deal to acquire Canadian gold producer Atlantic Gold, the owner and operator of the Moose River Consolidated project More...

By Soujanya Ravi On Tuesday, May 28th, 2019

Wesfarmers to acquire Australian lithium developer Kidman Resources

Wesfarmers acquisition of Kidman Resources : Australian conglomerate Wesfarmers and Kidman Resources have entered into a Scheme Implementation Deed (SID) under which the former’s subsidiary Wesfarmers Lithium More...

By Soujanya Ravi On Saturday, April 20th, 2019

FMG, Formosa approve Iron Bridge Magnetite Project stage 2 development

Fortescue Metals Group (FMG) announced that its subsidiary FMG Magnetite and its joint venture (JV) partner Formosa Steel IB have approved the development of Stage 2 of the Iron Bridge Magnetite Project in Australia More...