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Second quarter trading results for Pro-Pac Group were below its expectations, with the company citing challenges coming from market conditions, and exchange rate movements.

The proposed $143m takeover of zero-waste recycler Close the Loop by private equity group Adamantem Capital has been terminated, with parties unable to reach alignment on commercial terms.

Amcor and Berry Global have hit an important milestone towards the completion of their previously announced all-stock transaction, with the filing of a definitive joint proxy statement with the US SEC.

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Food & Drink Business

Suntory Oceania is holding a national recruitment drive for 80 new roles in its dynamic Liquor Route-to-Market team, as the business gears up for the launch of its $3 billion multi-beverage business in mid-2025.

At the start of the year, there is a lot of talk about trends in food and beverage. What consumers want, new flavours, new textures, and more. But what about on the operations front? Regional GM and senior VP for cloud software company, Infor, Terry Smagh shares his three predictions for the year ahead.

SPC Global CEO, Robert Iervasi, has written to shareholders, reassuring them recent share price movements reflect short-term market dynamics, not the company’s operational or financial performance. SPC’s share price has fallen almost 50 per cent since it listed on the ASX on 17 December.