Tag archive for ‘Australia’
By businessnewstoday On Friday, September 13th, 2019
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Future Media acquires Australian watchmaking company Oak & Jackal

(adsbygoogle = window.adsbygoogle || []).push({}); Future Media, a California-based digital marketing company, has forayed into the direct-to-consumer market by acquiring Oak & Jackal, an Australian More...

By businessnewstoday On Monday, August 19th, 2019
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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. (adsbygoogle More...

By businessnewstoday On Saturday, August 3rd, 2019
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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
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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
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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
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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
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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
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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...

By Soujanya Ravi On Sunday, April 14th, 2019
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Salini Impregilo, Clough bag €3.2bn contract for Snowy 2.0 project

Future Generation – a joint venture between Salini Impregilo and Clough, has bagged a contract worth AUD 5.1 billion (€ 3.228 billion) for the civil works and the electromechanical component of the Snowy 2.0 More...

By businessnewstoday On Thursday, April 11th, 2019
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ResMed launches AirFit P30i nasal pillow mask for sleep apnea patients

ResMed has launched a new nasal pillow mask called AirFit P30i, which is its second top-of-head-connected continuous positive airway pressure (CPAP) mask for the treatment of sleep apnea. The new AirFit P30i new More...