Weekly News Bulletin: 1 August

In the news this week: Financial reporting season round-up, Billson's Beverages, Mighty Craft, Woolworths, Seppeltsfield, Lark Distilling, Fonterra, Nourish Ingredients, caffeinated drinks crackdown, and holidaying bees.

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Packaging News

Revenue at consumer packaging giant Amcor slipped by one per cent in the first half of the current financial year, on volumes that showed a two per cent increase over the prior corresponding period.

Second quarter trading results for Pro-Pac Group were below its expectations, with the company citing challenges coming from market conditions, and exchange rate movements.

The proposed $143m takeover of zero-waste recycler Close the Loop by private equity group Adamantem Capital has been terminated, with parties unable to reach alignment on commercial terms.