Shares in Freedom Foods Group have been placed in a trading halt pending news on the wholesale funding notes deal, which will dictate the amount of money key backers, the Perich family, will tip into the company.
Tony Perich’s family vehicle Arrovest will invest up to $200 million in the recapitalisation. Jacky Ghossein
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com