Hospitality/Food

Far East Orchard considers Australian listing of hospitality trust

Far East Orchard said it was thinking of listing a real estate investment trust to focus on the hospitality market in Australia.


Saputo leads bidding war for Warnambool Cheese & Butter Factory

Canada-based Saputo's bid of USD 432 million had so far bested all other offers for Warrnambool Cheese & Butter Factory Co.

Judge approves auction procedure for Tesco subsidiary retailer

The procedures for the Nov 19 auction had been approved by a bankruptcy court. US supermarket chain Fresh and Easy Neighborhood Market Inc won approval in court of its scheduled Nov.

Reser's issues voluntary recall

Reser's Fine Foods issued a recall of 109,000 refrigerated products for Listeria monocytogenes contamination.


Latest News

Starbucks Corp's newest innovation would be to connect and network the suppliers to the coffee shop chain.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Invest AD, the distribution firm for Red Bull Energy Drink, was recently bought by Mezzan Holding Co to expand its consumer related business portfolio.
Hutchison Whampoa would be considering a spinoff for its AS Watson Group unit after it failed to find a buyer for its ParknShop chain.
Paul Zahra would be leaving his job as the CEO of department store chain David Jones Ltd. Chief Executive Officer Paul Zahra of David Jones Ltd would be quitting his job in Australia's second-biggest listed department store David Jones Ltd.
Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
US retailer Walmart fired and then gave an employee his job back after he helped woman who was assaulted in a company store parking lot.
People familiar with the bidding of ParknShop told Bloomberg that the Charoen Pokphand Group and Woolsworths Ltd were considering of abandoning their bids for the supermarket chain.
A rise in acquisitions in Australian and New Zealand farms and assets had been seen recently. The bidding war over Warrnambool Cheese and Butter Factory Company Holdings Ltd had fanned investor fever of acquisitions in dairy farms and companies over Australia and New Zealand.
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