Big isn't always better when it comes to Australian businesses wanting to capitalise on the so-called Asian dining boom.
Beston Global Food Company is establishing a tech offshoot to combat a surge in food counterfeiters.
Infant formula is on track to become a2 Milk's biggest earner after sales of its Platinum branded product soared more than 300 per cent in four months.
The Perich family-backed Freedom Foods has declared it will not participate in a2 Milk's $NZ40 million ($36.6 million) capital raising after it was caught by surprise.
US dairy giant Dean Foods has abandoned a potential takeover of trans-Tasman dairy company a2 Milk.
The probe and surprise resignation of Dean chairman Tom C. Davis,as well as a steeper-than-expected decline in quarterly sales,sparked a sell off in the company's shares,
A2 Milk's biggest shareholder Freedom Foods signalled it wanted to sell its stake less than four months before lobbing a takeover bid for the company.
The billionaire Perich family increased its controlling stake in Freedom Foods just before the company revealed its interest in taking over dairy processor a2 Milk.