Original article by Simon Evans
The Australian Financial Review – Page: 15 : 3-Oct-24
Iconic Australian canned food company SPC has revealed plans for a three-way merger with the listed Original Juice Company and powdered milk group Nature One Dairy. SPC will list on the Australian sharemarket via a reverse takeover of Original Juice, while it will pay $50m for Nature One. SPC chairman Hussein Rifai will become chairman of the merged entity, while Original Juice chairman Jeff Kennett will step down if shareholders approve the deal. SPC had previously been listed on the ASX until 2005, when it was acquired by Coca-Cola Amatil; SPC was subsequently divested in 2019.
CORPORATES
SPC GLOBAL LIMITED, THE ORIGINAL JUICE COMPANY LIMITED – ASX OJC, NATURE ONE DAIRY