PLAY PKN: Video Bulletin 29 July

In the news: Opal Group, Pact Group, Woolworths, Close the Loop Group, Alliance Paper, Myer, Accord, Great Wrap, Pringles, Sonoco, Mojo, Orora.

Brought to you by Ball & Doggett.

Food & Drink Business

Rumin8 is accelerating its methane reducing feed additive commercialisation progress in New Zealand, garnering $4.4 million (US$3 million) in investment as the company prepares to enter the final trial process.

French food and beverage giant Danone has acquired the UK-based meal replacement and functional nutrition brand, Huel, in a deal reported to be worth approximately €1 billion (AUD$1.2 billion).

The class action against Woolworths Group over the underpayment of salaried store managers has been extended in scope, with the claim period now running through to September 2020 following a Federal Court hearing on 20 March.