Wholesale grocer Metcash Trading’s bid for rival grocer Foodland Associated could be in trouble.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


A key corporate governance advisor has urged shareholders to reject two thirds of the resolutions that are required for the takeover bid to go ahead, the Australian Financial Review reported today [Thursday]. The cash-and-shares bid was tabled in December.


The resolutions in the spotlight include Metcash’s plan to receive financial aid for the bid from a new Australian company, Newco, in exchange for shares in Metcash and Metcash’s South African parent, Metoz Holdings.


Meanwhile South African retailer Pick’n Pay denied it is mulling a takeover offer for Foodland. Pick’n Pay owns another Australian retailer, Franklins.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact