acquisition

metcash superior food group

Metcash in Talks to Acquire Superior Food Group

Metcash, a prominent player in the Australian retail landscape, has made a resounding move that reverberated through the business world. The conglomerate, renowned for owning supermarket giants such as IGA and Foodland, alongside convenience champion Campbells/C-Store, has entered a trading halt. This dramatic pause in its financial activities comes as the company confirms its engagement […]

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Milk processing plants

Coles’ Bid for Milk Processing Plants Sparks Competition Concerns

The nation’s second-largest supermarket chain, Coles, is considering an unprecedented move of owning and operating its own milk processing plants. This development has raised concerns about potential reduced competition in the market. The Australian Competition & Consumer Commission (ACCC) has expressed preliminary worries about Coles’ proposed acquisition of two Saputo milk processing plants located in

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SUPA IGA

ACCC Objects to Woolworths’ Purchase of Karabar’s SUPA IGA

The Australian Competition and Consumer Commission (ACCC) has expressed its opposition to Woolworths’ planned purchase of the SUPA IGA supermarket in Karabar, NSW, along with its co-located Liquor Boss store. The regulatory body has determined that this acquisition would likely result in a significant reduction in competition within the local grocery supply market. Gina Cass-Gottlieb,

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Petspiration

Woolworths’ Petspiration Acquisition Delay Sparks Sale Speculation

Speculation has arisen that Woolworths may be encountering obstacles in its acquisition of Petspiration Group, as the competition regulator has suspended its timeline for a final decision on the matter.  This delay may force Woolworths to sell stores in order to gain approval. Industry insiders have suggested that the Australian Competition and Consumer Commission is

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