Tag: divestment
Fonterra shifts strategic focus, considers divestment options for consumer businesses
Fonterra Co-operative Group Ltd announced a significant shift in its strategic direction, aiming to deepen its position as a provider of high-value dairy ingredients.
BHP completes sale of BMC interest
BHP has sold its 80% stake in BHP Mitsui Coal (BMC) to Stanmore SMC Holdings Pty Ltd, a wholly-owned subsidiary of Stanmore Resources Limited...
Origin agrees to sell 10% stake in Australia Pacific LNG for more than $2bn
Origin Energy has executed an agreement with global energy investor, EIG, to sell a 10% shareholding in the Australia Pacific LNG joint venture for...
Amcor to sell UK, Ireland flexible packaging plants for A$565m
Australian packaging giant Amcor has reached an agreement to sell three Bemis plants located in the United Kingdom and Ireland to American private equity...
Boral set to divest US Block business
Boral has agreed to sell its US Block business to Quikrete Holdings for US$156 million, subject to customary completion adjustments.
Boral, which acquired the business...
BHP Billiton announces demerger of non-core assets to simplify its portfolio
BHP Billiton is considering splitting into core and non-core operations, which will see a number of as yet unnamed assets transferred into a new...
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
