Australian Competition And Consumer Commission

Heinz has been ordered to pay $1.65m in penalties for misleading claims that its Little Kids Shredz products were beneficial to the health of kids depite comprising 60% sugar. Pic: ©GettyImages/Taborsk

Heinz fined $1.65m over misleading health claim

By Gill Hyslop

The Federal Court of Australia has ordered H.J. Heinz Company Australia Ltd (Heinz) to pay an AU$2.25m (US$1.65m) penalty for misleading health claim that its Little Kids Shredz products were beneficial to the health of young children.

GrainCorp's board of directors and the ACCC give the green light to ADM's takeover offer

ADM's GrainCorp takeover in shareholders' hands

By Kacey Culliney

GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.

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