US giant makes $1.6bn takeover tilt for Costa
If approved by Australian regulators, Costa could be the latest Australian agri company to be taken by an overseas buyer.
If approved by Australian regulators, Costa could be the latest Australian agri company to be taken by an overseas buyer.
Booktopia has raised $6.5m to consolidate its distribution facilities but the online bookseller has also confirmed softer trading conditions hit its performance.
South Australia’s 162-year-old Coopers Brewery will remain the last independent player in the country’s malt industry following the $1.5bn takeover of United Malt by the French.
Lithium was a blessing for mining stocks in the 2023 financial year as share prices grew, but not all players struck it rich.
The ACCC holds fears over Transurban’s entrenched position as the nation’s largest toll road operator, access to traffic data and lower cost finance.
Billionaire Raphael Geminder’s Pact Group has struck a partnership with discount supermarket chain Aldi to supply recycled plastic packaging for some of its own brand products.
Harvey Norman has warned slowing sales would trigger a sharp fall in profits this year as households cut costs amid interest rate rises.
Economists say interest rate hikes will need to go even higher to ensure inflation expectations remain under control after 18 months of soaring prices.
Paul Graham says the nation’s mortgage belt is now reacting to higher interest rates by being more cautious when clicking on ‘buy’.
Drew O’Malley says 12 straight interest rate rises means a dozen letters from the bank warning of higher mortgage bills, with consumers demanding value for money from fast food.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/49