Will the Inghams IPO suit your nest egg?
Stewart Oldfield
here is much at stake for Australia’s $6 billion chicken-meat industry. A national contract for Coles supermarkets – responsible for more than 10 per cent of chicken sales – is out to tender.
Pricing in short-term wholesale markets has been hit as the two major players, family-owned Baiada Poultry and TPG-backed Inghams Enterprises, battle to expand their combined 73 per cent market share.
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