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Twenty-twenty was an eventful year to say the least. As the tumultuous year comes to a close, the world is still reeling from the deadly Covid-19 pandemic, which has impacted every aspect of life and business.

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.

Food & Drink Business

The Federal Court has found Coles Supermarkets made false or misleading representations in its ‘Down Down’ promotional program, handing the ACCC a significant win in proceedings that have been closely watched across the retail and manufacturing sectors.

SPC Global (ASX: SPG) has launched a fully underwritten $100 million equity raising, with the bulk of proceeds earmarked for net debt reduction as the company works to reset its balance sheet less than 18 months after listing on the ASX.

The federal government released its 2026 budget last week, with longstanding issues in the food and beverage sector mostly overlooked in favour of the critical supply chain challenges arising from the Middle East conflict.