PLAY PKN: Video News Bulletin 9 July

In the news this week: Woolworths, APCO, AusPost, MCC, CEFC, Circular Plastics Australia, TetraPak, Detpak, Hallmark, Opal Australia Paper, Women in Packaging, AIP.

Brought to you by KM Packaging.

Food & Drink Business

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).