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Bubs Australia brings in Kidder Williams, seeking strategic advice

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Kidder Williams, the high-profile Melbourne deal makers specialising in agribusiness and food, have been drafted in by the board of Bubs Australia as the company reworks its market strategy in a bid to save its share price.

There’s been plenty of instability at infant formula producer Bubs, with the departure of its former chairman, Dennis Lin, and chief executive, Kristy Carr, this year. Both Lin and Carr are part of a push to remove the current board, led by ex-King & Wood Mallesons partner Katrina Rathie.

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/bubs-australia-brings-in-kidder-williams-seeking-strategic-advice-20230620-p5di1p