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The federal government has released its formal response to the Senate Select Committee on Supermarket Prices, rejecting calls for forced divestiture powers while advancing a suite of supplier protections, pricing regulations and competition reforms.
In a FY26 trading update, Bubs Australia forecasts revenue of $105–115 million but warns that reported EBITDA could land anywhere from –$2 million to +$2 million.
International Flavors & Fragrances Inc. (IFF) has entered into an agreement to sell its Food Ingredients business to funds advised by global private markets manager, CVC Capital Partners, in a transaction that values the business at approximately $6 billion (US$4.3 billion).
