Video News Bulletin: 8 August
In the news this week: Noumi, ASIC, Treasury Wine Estates, Coopers, and Cicada Innovations x Tech 23.
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The merger between packaging giants Amcor and Berry is now complete, with the all-scrip deal creating a company with some 400 packaging plants, and 75,000 staff, located in 140 countries.
Pact Group is facing softening demand in Q4, citing Donald Trump’s tariffs, the ongoing domestic cost of living pressures, and supply chain disruption with shipping container supply tightening.
Raphael Geminder is following through on his stated intention to delist Pact Group in light of his failed takeover of the company, and has set 16 July as the date he wants it off the ASX.
