Australian Pharmaceutical Industries (ASX: API) has become the belle of the pharmacy industry with Sigma Healthcare Limited (ASX: SIG) launching a late unsolicited offer to acquire API at a premium to the current offer on the table from retail giant Wesfarmers (ASX: WES). The bid from Sigma is a surprising one given Wesfarmers submitted their
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Keen eyes have long identified the demerger of Endeavour Group from Woolworths (ASX: WOW) as the most anticipated spinout in years and a date has finally been set which will see Australia’s leading drinks and hospitality group listed on their own. Operating a drinks business portfolio that includes Dan Murphy’s and BWS as well as
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Having realised the incredible savings made from the mass-adoption of self-service checkouts, Woolworths (ASX: WOW) could soon have an array of other automation-driven initiatives having secured the controlling interest of data science company Quantium for $223 million. The investment will increase Woolworth’s existing shareholding from 47% to 75% following a hugely successful partnership where Quantium’s
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Plant-based health and wellness food company Australian Primary Hemp (ASX: APH) is set to rapidly increase their access to Aussie households having secured a distribution agreement with national supermarket chain Woolworths for their Mt Elephant ‘mylk’ products. The deal continues a good relationship that APH is developing with Woolworths where this one will see their
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With changing trends in the way we prepare meals where convenience is in demand, Pure Foods Tasmania (ASX: PFT) is set to significantly expand its meal solutions range with the acquisition of Daly Potato Company and its potato-based meals, farm and food products. The acquisition will increase the production and export capabilities of Pure Foods
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Households outside of specific eco-friendly councils will soon be able to purchase certified compostable bin liners from Woolworths which has selected SECOS Group (ASX: SES) as their compostable bin liner supplier. The supply agreement will significantly expand SECOS’s distribution capabilities where they will supply the national supermarket chain with 8L and 36L bin liners. Beyond
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