Author name: Lucy Marrett

Arnott’s sold as part of $3.14 billion deal

US company Cambell’s Soup has reportedly sold iconic Australian company Arnott’s as part of Cambell’s sale of its international brands. After owning the brand for 21 years, Cambell’s had flagged selling seeing the biscuit company. The Australian Financial Review and The Australian newspapers reported that Campell’s had struck-up the deal overnight with another US company, Kohlberg Kravis

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AACS: Raising the legal purchasing limit of tobacco will fuel the black market

The Australiasian Association of Convenience Stores (AACS) has warned the Tasmanian Parliament that raising the age of legal tobacco purchase will fuel the illegal cigarette trade in Australia. The Tasmanian Parliament is currently preparing to debate a Bill proposing to raise the age from which adults can purchase legal tobacco to 21. According to AACS

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