Daily Archives: Friday, 20 December 2013

AUSTRALIAN FINANCIAL REVIEW: Coca Cola Amatil rattles the can for SPC Ardmona funding

Coca-Cola Amatil has agreed to a number of conditions put by the government to clear the way for a taxpayer cash injection into its fruit canning ­subsidiary SPC Ardmona, putting pressure on the federal cabinet to approve the deal when it next meets in January.   The conditions include a proviso to control wages of…

THE AUSTRALIAN: SPC cash would come with tough conditions

FEDERAL cabinet has demanded new assurances from Coca-Cola Amatil to justify taxpayer aid for its fruit processing division in another sign of Tony Abbott’s hard line on industry assistance. The move clears the way for a renewed cabinet debate next month over the company’s plea for cash for its SPC Ardmona operations, buying time for…