EG Group will no longer acquire Oliver’s Real Food, but enter a licence and supply partnership.
Investors expect to see the Australian share market to rise when trading opens.
Changing funding requirements may not mean justice for all.
Shares on the Australian stock market have risen by 1.5 per cent and all sectors are higher early.
Mass closures and conversions of Target network could impact over 100 stores.
Investors can expect a weak start for the Australian share market after US-China tensions led Wall Street to close slightly lower overnight.
Preliminary sales figures see major falls in food, cafes, restaurants, clothing and footwear.
Australian shares are set to rise at the open following a positive finish on Wall Street as investors bet on a swift recovery from COVID-19.
Shares are likely to lose value when the ASX opens after doubts over a possible coronavirus vaccine in the US.
A slower rate of job losses through the back half of April is expected to show up in new payroll data.