PLAY PKN: Video News Bulletin 19 February

In the news this week: Orora, Pact, Flight Plastics, Coles, Replas, RED Group, APCO, NWRIC, Peter Marks, Foodmach

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Food & Drink Business

US ingredients giant, Ingredion, has made a conditional all-cash proposal to acquire British rival Tate & Lyle in a deal that would value the company at approximately $5.2 billion (£2.74 billion).

Coles Supermarkets Australia and Brownes Foods Operations have each paid $39,600 in penalties after the ACCC issued each company with two infringement notices for separate alleged contraventions of the Dairy Code of Conduct.

Mars Australia & New Zealand has appointed Karim Lokhandwala as its new chief customer officer of Petcare, commencing 1 June. The news comes as applications open for the company’s Next Generation Pet Food Program with Big Idea Ventures – now in its third year.