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Did You Know?... 24 November, 2020

Published on Nov 24 2020 11:30 AM

Did You Know?... 24 November, 2020

Did you know?... Japan's Kirin Holdings Co has decided to sell its Australian dairy firm Lion-Dairy and Drinks Pty Ltd to Bega Cheese Ltd for more than 40 billion yen ($385 million), according to a report in the business daily, Nikkei. The agreement comes after Kirin and China Mengniu Dairy Co said in August they had given up on a deal for Lion-Dairy worth $430 million, amid increasing Sino-Australian tensions. The deal was expected to be announced soon, the Nikkei said, without citing its sources.

Did you know?...Walmart's Mexico unit said it was notified by Mexico's federal competition authority that it is being investigated for possible antitrust behaviour in the supply and distribution market of wholesale goods and retail of these goods and services. Walmart de Mexico, or Walmex, said it has always acted in accordance with applicable law and that its participation in the Mexican market has resulted in lower prices for consumers, benefiting poor families especially. The federal competition authority Cofece said it could not comment on Walmart's statement.

Did you know?... Polish retailer Żabka has announced that it has opened its first 100% green energy store in the Białołęka district in Warsaw. The store features state-of-the-art technology focusing around green energy, recycling, clean air and green transport, reports esmamagaine.com  It includes several innovative solutions such as quantum dot technology, kinetic floor, and an anti-smog cube with a green plant wall for absorbing dust and smog, among others. President of the management board of Żabka Polska, Tomasz Suchański, said, “The store will act as our laboratory where we intend to test environmentally friendly solutions, showing the direction in which the future of trade will develop.”

Did you know?... Tesco Ireland has announced that it will increase its Christmas Community Fund to €250,000 to homeless charities and support groups throughout the country.As communities across Ireland continue to rise to the challenge of COVID-19, Tesco said that it is lending a helping hand to groups and organisations that provide support to those experiencing homelessness around the country. As part of this latest round of funding, Tesco said that each store will donate up to €2,000 shared between three local causes in its community. Recipients of the funding will include Focus Ireland, Peter McVerry Trust, Capuchin Day Centre, Simon and St Vincent de Paul as well as local groups right across the country, the retailer added.

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