• The Daily Deck
  • Posts
  • ComCom to Foodstuffs: tell us more about your proposed merger

ComCom to Foodstuffs: tell us more about your proposed merger

Author

Thomas Brosnahan
April 05, 2024

Good Morning,

ComCom to Foodstuffs: tell us more about your proposed merger, Currency markets are in a deep freeze. Rate cuts and Trump could thaw them, Oil prices rise on concerns of lower supply, signs of U.S. economic growth, How Hertz’s Bet on Teslas Went Horribly Sideways, Global energy transition facing detours and U-turns: report and Auckland Council employee works remotely from the Gold Coast - is this the new normal?

Let's jump in.

Before The Bell

Markets

  • ASX lifts; tech rebounds, gold hits record high, copper 52-week high (AFR)

  • Currency markets are in a deep freeze. Rate cuts and Trump could thaw them (RT)

News Summary

  • Merged Foodstuffs ‘could wield too much power over suppliers’ (Stuff)

  • Auckland Council employee works remotely from the Gold Coast - is this the new normal? (Stuff)

  • What went wrong for Synlait? (Stuff)

  • ComCom to Foodstuffs: tell us more about your proposed merger (NBR)

  • Rights issue seen as limited option for Synlait (NBR)

  • Read listing docs, pleads regulator after Being AI price spike (NBR)

  • Global energy transition facing detours and U-turns: report (NBR)

  • Public sector project financing high on Citi's global agenda (NBR)

  • Oil prices rise on concerns of lower supply, signs of U.S. economic growth (RT)

  • EU's Vestager may act if Microsoft's poaching of Inflection staff signals wider trend (RT)

  • Disney’s Iger Wins Proxy Vote Over Peltz With Board Election (BBG)

  • Apple Explores Home Robotics as Potential ‘Next Big Thing’ After Car Fizzles (BBG)

  • How Hertz’s Bet on Teslas Went Horribly Sideways (BBG)

Deal Flow

Investments / M&A

  • Clock ticks on BlueScope’s dibs at South32’s $2.5b coal sale; DD afoot (AFR)

  • Resolution Life to acquire Suncorp’s Asteron Life for $410m (NBR)

  • Exclusive: Beijing nudged Syngenta to withdraw $9 billion Shanghai IPO on market weakness (RT)

  • Genmab Targets New Cancer Therapies With $1.8 Billion ProfoundBio Deal (BBG)

VC & Fundraising

  • Jindal-Backed VC Raises Maiden Fund To Invest in Indian Sports, Gaming (BBG)

The Daily Deck is sponsored by Industrial Equity, LLC

Reply

or to participate.