Archives for September 9, 2019

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Clover and Milco hearings continue

Clover and Milco hearings continue

By Jim Cornall

The hearing into the proposed merger transaction, whereby Milco SA (Pty) Ltd (Milco) seeks to acquire Clover Industries Ltd (Clover), resumed on Monday, September 9, 2019, South Africa’s Competition Tribunal says.

Sill Entreprises hires new CEO to implement five-year plan

Sill Entreprises hires new CEO to implement five-year plan

By Jim Cornall

French infant formula company Sill Entreprises group has announced the appointment of Sébastien Floc'h as CEO as the company moves ahead with its new five-year plan that includes a new infant formula plant.

Fonterra confirms big losses and defers reporting date

Fonterra confirms big losses and defers reporting date

By Jim Cornall

New Zealand dairy cooperative Fonterra has changed the date for reporting its audited financial results for the 2019 financial year (FY19) ended July 31, 2019, as it confirmed losses for the financial year would be in the NZ$590m-NZ$675m...