AACo
British billionaire charged with insider trading takes bigger bite of beef stake
Joe Lewis, who is facing allegations of insider trading, increased his already sizeable holdings in Wagyu producer Australian Agricultural Company.
- Jessica Yun
Latest
Tottenham’s billionaire owner Joe Lewis charged with insider trading in US
Prosecutors claim Joe Lewis passed on insider information about several companies, including Australian Agricultural Co, to friends, his personal pilots and romantic partners.
- Ava Benny-Morrison
Australia’s wagyu giant eyes European, Middle Eastern gourmets as profits jump
The Australian Agricultural Company lifted operating profits and revenue by hiking wagyu prices, but shareholders are yet to reap dividends again.
- Jessica Yun
Billionaire beef battle sizzles as Andrew Forrest buys $11.6m wagyu stake
Mining magnate Andrew Forrest has splashed an additional $11.6 million on the Australian Agricultural Company through his private investment vehicle Tattarang.
- Jessica Yun
Australia’s biggest wagyu producer will ‘keep pushing’ up prices, new CEO says
The Australian Agricultural Company plans to keep raising beef prices to boost profits. Just don’t expect that to translate into juicy dividends.
- Jessica Yun
- Explainer
- Trade wars
Wine, lobster, copper … what's at stake in our trade tensions with China?
Why does China seem to be cracking down on Australian exports? And how could this affect the Australian economy?
- Darren Gray
Beef boss on fake meat and the rise of COVID-19 home chefs
Australian Agricultural Company's CEO Hugh Killen says the rise of the home chef is helping to offset the impact of restaurant closures on demand for beef.
- Darren Gray
AACo back in the black on rising Wagyu beef sales
The ASX-listed beef producer has continued its recovery from last year's devastating floods in northern Queensland, delivering a $31.3 million annual profit.
- Darren Gray
Rising Wagyu beef sales and prices buttress AACo's results
ASX-listed cattle cattle company AACo has delivered a small operating profit despite the devastating drought.
- Darren Gray
Clothes pegs full of unpaid bills: How the drought is costing business
Bega chairman Max Roberts was in the kitchen of a farmhouse a couple of weeks ago when he was presented with some clothes pegs.
- Darren Gray
Original URL: https://www.brisbanetimes.com.au/topic/aac-6p