Tag: acquisition

Woolworths to buy Shopper for $150m

Woolworths Group’s retail media business, Cartology, is set to purchase retail out-of-home business, Shopper, for $150 million. According to Shopper, the sale is a “significant milestone” for the business, recognising its growth and...

Ampol cleared to acquire Z Energy in NZ

The New Zealand Commerce Commission (NZCC) has this week provided clearance for Ampol to acquire Z Energy Limited (Z Energy), subject to Ampol’s divestment of Gull. The acquisition is still subject to Ampol...

Ampol set to acquire Z Energy

Ampol has entered into a binding scheme implementation agreement to acquire 100% of the shares of Z Energy. This follows the completion of confirmatory due diligence, which commenced in late August. Under the terms...

Openway Food Co launches with bold ambition

Newly launched Openway Food Co aims to grow the Australian health food sector after acquiring three leading health food companies and their brands, creating a portfolio with over $100 million in annual...

Ampol proposes acquisition of Z Energy

Ampol has submitted a non-binding indicative proposal to acquire 100% of the shares of Z Energy for a cash offer price of NZ$3.78 per share. Z Energy is a Wellington headquartered fuel distribution...

Bega returns iconic brands to Aussie hands 

Bega Cheese confirmed last week that it had completed its acquisition of the Lion Dairy & Drinks business. The completion of the acquisition marks the official return of a number of Aussie brands...

Optus and amaysim, set to finalise acquisition

For 10 years Optus has been a wholesale partner for amaysim. Today, it’s been revealed that shareholders voted in favour of the acquisition of amaysim’s mobile business by Optus. “We are very pleased that...

ACCC concerned with Woolworths’ PFD acquisition

The ACCC has outlined preliminary competition concerns with Woolworths’ proposal to acquire 65% of PFD Food Services. According to ACCC Chair Rod Sims, the organisation is concerned that the proposed acquisition seems “likely”...
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