Tag Archive for business

DoorDash Expands Partnership With Woolworths

DoorDash has announced a major expansion of its Woolworths grocery offering, adding more than 150 additional Woolworths stores to the platform and bringing access to Woolworths delivery through DoorDash to more than 100 new postcodes across Australia. The expansion significantly increases the choice of on-demand delivery options for fresh groceries, pantry staples, household essentials and…

Australian Cafés Face Leadership Crisis Amid Record Business Closures

As Australian cafés and restaurants close at the highest rate on record, one coffee industry leader says the country’s biggest challenge is no longer making better coffee—it’s building better business leaders. Industry data reveals hospitality is now one of Australia’s highest-risk sectors, with operators facing rising costs, staffing shortages and shrinking margins. According to Black…

Vinyl Group to Acquire Time Out Australia

Vinyl Group Ltd (Vinyl Group or the Company), an adaptive media and music technology company, is pleased to advise that it has signed an agreement to acquire Time Out Australia for nominal consideration, via the purchase of the entire issued share capital of Print & Digital Publishing Pty Ltd from Time Out Group plc (“Time…

PayPal Partners With The NFL

PayPal Holdings, Inc., a global leader in payments, today announced a groundbreaking partnership with the NFL, making it the league’s official peer-to-peer (P2P) payments partner. Across the NFL ecosystem, PayPal will be at the center of how people send, receive, split, pool money, and settle-up instantly with each other all right there in the PayPal…

International Paper to acquire North Pacific Paper Company

International Paper, a leader in sustainable packaging solutions, has entered into an agreement to acquire North Pacific Paper Company (NORPAC),, a portfolio company of One Rock Capital Partners, for $360MM. NORPAC is a U.S.-based paper manufacturer operating out of Longview, Washington. The company employs approximately 500 people at its paper mill, where it operates three…

Fewer Australians are Starting Small Businesses

The Federal Government should use the upcoming Budget to encourage economic dynamism, as new CEDA research shows the proportion of business owners in Australia hit a record low last year despite ongoing interest in entrepreneurship and self-employment. CEDA’s new report, Hustling, not hiring: Why fewer Australians are starting a business, finds Australia has experienced a…

The Clorox Company Acquires GOJO Industries

The Clorox Company has announced the completion of its previously announced acquisition of GOJO Industries, expanding Clorox’s product portfolio to include the Purell® brand and GOJO’s health and hygiene solutions. The combination brings together two companies with a shared commitment to making the world cleaner and healthier, leveraging complementary consumer brand-building expertise and B2B capabilities…

Hawaiian Airlines Unveils $600 Million Investment Plan

Hawaiian Airlines, a part of Alaska Airlines, has  unveiled an investment plan of more than $600 million over five years to comprehensively enhance the experience for guests traveling to, from and within the islands by modernizing airport spaces, upgrading technology and retrofitting aircraft interiors, while expanding  community and sustainability work across Hawai’i. Hawaiian Airlines’ Kahuʻewai…

Paramount Skydance Amends Warner Brothers Discovery Offer

Paramount Skydance Corporation PSKY “Paramount” has amended its $30 per share all-cash offer for Warner Bros. Discovery, Inc. (“WBD”), to address WBD’s stated concerns regarding Paramount’s superior offer.  Paramount continues to offer to purchase, for $30 per share in cash, 100% of the outstanding shares of WBD, and therefore will assume all assets and liabilities…

Meridian Energy & Nova Energy Solar Farm Joint Venture

Meridian Energy Limited (Meridian) and Nova Energy Limited (Nova) have completed agreements to establish a 50-50 joint venture to build and operate the 400MW Te Rahui solar farm at Rangitāiki near Taupō. The joint venture has also secured $300 million in project financing through ANZ for the first 200MW phase of the project. Project offtake…