PLAY PKN: Video Bulletin 30 August
In the news: Zero Co, Close the Loop, IVE Group, Australian Packaging Covenant Organisation, Banksia Foundation, BioPak, McKenzie's Foods, Tetra Pak, PopBox, Colgate-Palmolive.
Brought to you by Ball & Doggett.
Brought to you by Ball & Doggett.
International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).
Australian Vintage has secured a $128 million debt refinancing through to March 2028, with an option to extend a further year to 2029, as the McGuigan wines owner reports a significant second-half cash turnaround and upgraded sales momentum heading into FY27.
Endeavour Group has used its first investor day since demerging from Woolworths to lay out a three-year transformation plan targeting $300 million in cost savings, a scaled-back dividend payout, and the exit of most of its winery and vineyard portfolio.
