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flag Australia's fund backs Arnott’s with $45M for expansion, job creation, and exports.

flag The Australian National Reconstruction Fund has committed $45 million to a $1.7 billion debt financing deal for Arnott’s, the maker of Tim Tams, to expand manufacturing, boost exports, and secure 2,500 Australian jobs. flag The investment, part of a broader strategy to strengthen domestic industry, supports a foreign-owned company—currently controlled by U.S. firm KKR—amid ongoing debate over whether traditional food manufacturing aligns with the fund’s goals of economic diversification and net zero transition. flag The fund also recently invested $36 million in Patties Foods. flag The NRF aims for a 2 to 3 percent return above government bond rates and emphasizes the strategic importance of iconic Australian brands in global markets.

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