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drinks yearbook 2014

drinks yearbook | 101 Exchange Rates of the Australian dollar against the US dollar High USD Low USD March 2014 27/3/14 0.9270 3/3/14 0.8912 April 2014 10/4/14 0.9414 3/4/14 0.9219 May 2014 14/5/14 0.9401 21/5/14 0.9235 Source: Reserve Bank of Australia Official cash rate Mar 14: 2.5% Apr 14: 2.5% May 14: 2.5% Figures and Facts Coca-Cola Amatil’s (CCA) Group Managing Director, Alison Watkins, who had recently joined the business at the time, handed out the results from her initial review of the business at the end of April. Ms. Watkins noted that the business was facing significant challenges in the Australian and Indonesian beverage markets as a result of weak consumer confidence and spending in Australia, and cost inflation in Indonesia. Moving forward, Ms. Watkins said the business would continue to review its plans and would be making changes to its costs and productivity to drive growth and value. Treasury Wine Estates (TWE) rejected an offer from Kohlberg Kravis Roberts & Co. L.P. (KKR) in May to acquire all of TWE’s shares at a price of $4.70 cash per share. The rejection came as a result of the fact that KKR had requested that the proposal was kept confidential, which TWE felt would be contrary to the interests of TWE shareholders. Ebiquity released its 50 Powerhouse


drinks yearbook 2014
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