Goodman Fielder acquisition cleared by Chinese government
Goodman Fielder is one step closer to being acquired after receiving approval from the Chinese government. The Anti-Monopoly Bureau of the Ministry of Commerce of the People’s Republic of China (MOFCOM) has granted approval under the country’s Anti-Monopoly Law for Wilmar International and First Pacific Company to acquire the company.
Goodman Fielder is still waiting on approval from New Zealand’s Overseas Investment Office before going ahead with the deal.
The company will hold a shareholder meeting on 26 February to consider and vote on the scheme.
Mandatory Health Star Rating revised for a second consultation
The FSANZ is conducting the second round of public consultation on the Health Star Rating system...
Australian Grape & Wine appoints Mark Harvey-Sutton as CEO
AGW Board Chair Helen Strachan welcomed the appointment, saying Harvey-Sutton's experience...
Food inflation: let's take a look inside the basket
While Australia's overall inflation rose to 4.3% in September, ABS data showed that the food...
