The board of DuluxGroup (ASX:DLX) has unanimously recommended shareholders accept an acquisition proposal by Japan’s Nippon Paint Holdings at $9.80 a share, 28 per cent higher than yesterday’s closing price.
Supplier of Australian food products to China, The Food Revolution Group (ASX: FOD) has inked a distribution deal which will net $8 million in sales in the next year. The company has signed a memorandum of understanding (MoU) with international cross-border e-commerce platform, ICC Global to supply its Australian juices and processed products such as…
The next government needs to address Australia’s severe supply crisis, possibly through a public gas company and domestic gas reservation, according to a group representing some of the country’s major gas users.
Building products manufacturer CSR (ASX: CSR) has secured the first domestic gas supply deal from Queensland’s new Project Atlas natural gas development. The contract, with Atlas’ developer Senex Energy (ASX: SXY), will secure 260 jobs and production at three CSR factories making PGH bricks, Gyprock plasterboard and Bradford insulation. Under the initial three year agreement,…
