Tag Archive for business

International Paper to acquire North Pacific Paper Company

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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…

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Fewer Australians are Starting Small Businesses

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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…

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The Clorox Company Acquires GOJO Industries

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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…

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Hawaiian Airlines Unveils $600 Million Investment Plan

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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…

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Paramount Skydance Amends Warner Brothers Discovery Offer

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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…

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Meridian Energy & Nova Energy Solar Farm Joint Venture

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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…

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ACT to Phase Out More Single-Use Plastic

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The ACT Government is seeking written submissions from businesses, industry and the community on the proposed phase-out of more single-use plastic items. “We have taken a progressive approach to phasing out single-use plastics and have received widespread community and business support. Now we are seeking input on the next stage of the process as we…

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Variety Australia Launches

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The Brag Media, which reaches over 33% of the Australian population each month across its digital and print properties, has entered into a further licensing agreement with Variety’s parent company, Penske Media Corporation, to launch Variety Australia. Variety Australia launches online today, featuring original and syndicated content most relevant to local audiences. A print edition…

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