Takeover offer rejected by a2 Milk
The a2 Milk Company’s board has rejected a takeover offer from shareholders Freedom Foods Group and Dean Foods Company.
The company issued a statement saying it had evaluated the offer and determined that the proposal was not “compelling” and therefore it would not be recommended to shareholders.
The board indicated it has received other confidential enquiries indicating potential interest in the company, and is in the course of evaluating these, but emphasised there is no certainty that any proposal will result in a transaction.
South East Melbourne emerges as Australia's top manufacturing zone
Greater South East Melbourne has overtaken Western Sydney as the new heart of Australian...
New trade deal for Aussie apples with Canada
Aussie-grown apples will soon be able to be exported to Canada, thanks to improved market access...
Krones expands its portfolio in process technology and can handling
Two recent acquisitions have helped to strengthen Krones's portfolio in process technology...
