Woolworths in turmoil: Shocking earnings downgrade rattles investors

Pallavi Madhiraju- November 3, 2024 0

Woolworths, a dominant force in Australia's retail landscape, is navigating a rare three-day losing streak after delivering an unexpected blow to investors. The company recently ... Read More

Forbidden Foods completes acquisition of Oat Milk Goodness, eyes global expansion

Pallavi Madhiraju- September 29, 2024 0

In a significant move for the non-dairy industry, Forbidden Foods Limited has successfully completed the acquisition of Oat Milk Goodness, marking a pivotal step in ... Read More

ACCC grants conditional approval to Woolworths’ acquisition of controlling stake in Petstock

Pallavi Madhiraju- December 14, 2023 0

The Australian Competition and Consumer Commission (ACCC) has accepted a crucial undertaking from Petstock Pty Ltd (Petstock), entailing the divestiture of a package of assets, ... Read More

Woolworths to take majority stake in pet food retailer Petspiration

Raghuram Kadari- December 15, 2022 0

Woolworths, an Australian trans-Tasman retailer, has agreed to acquire 55% of interest in Petspiration, a pet food retailer, for an enterprise value of approximately AUD ... Read More

Woolworths to acquire 80% stake in Australian online marketplace MyDeal

pallavi123- May 21, 2022 0

Woolworths Group has offered to acquire a stake of around 80% in MyDeal.com.au (MyDeal), an Australian online marketplace, in a deal that values 100% of ... Read More

Woolworths withdraws A$850m bid for Australian Pharmaceutical Industries

Pallavi Madhiraju- January 9, 2022 0

Australian Pharmaceutical Industries (API) said that retailing company Woolworths Group has taken back its non-binding indicative proposal, announced last month, to acquire 100% of the ... Read More