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Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired Australian canned wine company Riot Wine for an undisclosed amount, as per the latest drinks acquisition news. Adelaide-based Riot Wine is said to be the only wine company in the country that sells wine […]

Curragh coal mine : Thiess secures A$1.3bn contract extension from Coronado

Curragh coal mine : Thiess secures A$1.3bn contract extension from Coronado

Curragh coal mine : CIMIC Group through its unit Thiess has secured a six-year, A$1.3 billion contract extension from Coronado Global Resources to provide mining services at the Curragh Mine in Queensland, Australia. The mining services contract involves overburden removal and haulage, mining and run of mine rehandling services, equipment maintenance and pit dewatering. Since […]

Future Media acquires Australian watchmaking company Oak & Jackal

Future Media acquires Australian watchmaking company Oak & Jackal

Future Media, a California-based digital marketing company, has forayed into the direct-to-consumer market by acquiring Oak & Jackal, an Australian watchmaking company, for an undisclosed price. The acquisitions marks the first for Future Media in consumer sales. Commenting on Future Media acquisition of Oak & Jackal, Chase Wimberly – co-founder of Future Media, said: “We are […]

Horizon Global to offload APAC towing and trailering equipment business

Horizon Global to offload APAC towing and trailering equipment business

US-based Horizon Global, a manufacturer of towing and trailering equipment, has agreed to divest its Asia-Pacific (APAC) business segment to Pacific Equity Partners for AUD 340 million in cash. Horizon Global plans to use the cash from the sale of the towing and trailering equipment business in APAC to bring down its debt significantly and […]

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Campbell Soup to sell Arnott’s and others to KKR for $2.2bn

Food acquisition news : Campbell Soup Company has agreed to sell its Australian biscuit brand Arnott’s and some of its international operations to global investment firm KKR for $2.2 billion. Along with the previously announced sale of Kelsen Group, Campbell has announced the sale of its entire Campbell International division for a total price of […]

Retail technology news : Coles selects Accenture for digital transformation

Retail technology news : Coles selects Accenture for digital transformation

Retail technology news : Australian supermarket company Coles Group has entered into a long-term digital transformation partnership with Accenture to save AUD $1 billion costs over the next four years through the launch of new technology. The agreement is the latest in a series of global partnerships and developments through which the Australian supermarket, retail […]

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

Belgian drinks giant Anheuser-Busch InBev (AB InBev) will sell its Australian business, Carlton & United Breweries (CUB), to Japanese drinks company Asahi Group for approximately $11.3 billion. Based in Melbourne, the portfolio of Carlton & United Breweries includes Foster’s, Victoria Bitter and Carlton. The company employs around 1500 people. As part of the sale agreement, […]

Indian student dies in Australia after date with teenage girl

Indian student dies in Australia after date with teenage girl

Indian student identified as Maulin Rathod died in Australia after his dating with teenage girl went wrong. Maulin Rathod was an accounting student and died at a local hospital after he was critically injured at the teenager’s house on Monday night. Emergency services were called to the place and the victim was found with life-threatening […]

Delhi teenage girl drowns in Adelaide beach on her way to Pacific School Games

Delhi teenage girl drowns in Adelaide beach on her way to Pacific School Games

Delhi teenage girl who was on her way to Australia to take part in Pacific School Games got tragically drowned off Adelaide beach after the games were over. The deceased girl was identified as Nitisha Negi and her family was very much excited to return back Delhi on Monday after the Games was finished. She […]

Cricket Australia Updates Guidelines for Juniors to Mitigate Back Injuries

Cricket Australia Updates Guidelines for Juniors to Mitigate Back Injuries

Cricket Australia (CA) is updating the guidelines for their juniors in an attempt to alleviate the back-breaking work of fast-bowlers. This is their attempt to decrease the number of career-threatening injuries players like James Pattinson are dealing with, and fans are having to consider, and the CA plans to start restricting the amount of bowling […]


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