But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.
To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.
Treasury Wine Estates (TWE) says it is dropping the value of its US business by a further $558 million in write-downs. This follows the $687 million of write-downs the wine maker made against the business unit in December 2025.
Indonesia’s sovereign wealth fund will take a 25 per cent stake in JBS’s Australian and New Zealand operations, with Danantara Investment Management paying $3.5 billion (US$2.5 billion) in equity under a joint venture that gives the world’s largest protein producer up to US$5 billion to fund regional expansion.
Robotic Automation has been acquired by Varley Group, in a move both companies say will strengthen their ability to invest in automation and support Australian manufacturing.
