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Cricket · New ZealandThe deal includes Auckland-based Fonterra’s consumer brands such as Anchor, Mainland, and Anlene in the Asia Pacific, excluding China. Lactalis owns brands such as Kraft, Parmalat and President.See the Story
French Billionaire Emmanuel Besnier’s Lactalis To Buy Fonterra Consumer Unit For $2.2 Billion
72% Center coverage: 7 sources
Australia · AustraliaWoolworths has reported a 3.6 per cent rise in its group sales to $69 billion for the current financial year despite major disruptions during the first half. The group’s net profit after tax dropped 17.1 per cent to $1.3 billion year-on-year, reflecting increased financial costs and a lower EBITDA, which fell 3.5 per cent to $5.7 billion. Gross margin declined slightly from 27.3 per cent to 27.2 per cent. The group’s Australian food arm sales ro…See the Story
