More than $ 800 million in market value has been shredded from two ASX - listed companies, Treasury Wine Estates and quality assurance
group SAI Global, since proposed takeover bids by private equity firms fell flat.
Not exact matches
In the middle of the year, private equity offers lobbed at the front doors of struggling wine
group Treasury Wine Estates and compliance and data business
SAI Global, and it seemed a sure thing that shareholders were going to be put out of their misery.
The rumblings about The Carlyle
Group and Pacific Equity Partners struggling to meet Friday's deadline for full and binding bids for
SAI Global became louder on Thursday.
Barry Callebaut will engage in the
SAI Platform's sugar project, its dairy working
group and the farm sustainability assessment IT work stream.
«Becoming a member of
SAI Platform and AIM PROGRESS is an important step for us in working towards sustainability in our supply chains, particularly in sugar and dairy products», commented Massimo Selmo, Head of Global Sourcing at the Barry Callebaut
Group.
He says the
groups believe the governor and lawmakers are trying to silence them for what he
sais is constructive criticism.
As of the date of this
SAI, the Trustees and officers, as a
group, owned no shares of the Fund or any of the Fund Complex's outstanding shares.