AUSTRALIA – GrainCorp, Australia’s leading grain and commodities trading company has received a US$2.4 billion buyout offer from Long-Term Asset Partners Pty Ltd (LTAP). The indicative offer involves control of 100% of the shares in GrainCorp for cash consideration of US$10.42 per share. According to GrainCorp Board, the proposal is subject to a number of…
AUSTRALIA - Australia’s largest grain handler, GrainCorp has said annual net profit fell 50% to US$51.37 million as a result of dry conditions that hit production in eastern Australia during the last cropping season. The company reported continued positive performance from the Malt business and strong contributions from Bulk Liquid Terminals and Grains’ international grain…
UKRAINE - GrainCorp, the Australian grain and related commodities handler has opened a new company in Ukraine to provide its customers with agricultural raw materials, grains, seeds and animal feeds. In reference to data from the Ukrainian state registry, Reuters reported that the new firm, GrainCorp Ukraine Ltd, was registered on May 14 within the…
AUSTRALIA – Australian agribusiness firm GrainCorp and Cargill Australia have agreed to divest their respective stakes in the joint venture Allied Mills Australia to funds advised by Pacific Equity Partners (PEP).
AUSTRALIA – Australian agribusiness firm GrainCorp and Cargill Australia have agreed to divest their respective stakes in the joint venture Allied Mills Australia to funds advised by Pacific Equity Partners (PEP).
AUSTRALIA – Australian agribusiness firm GrainCorp and Cargill Australia have agreed to divest their respective stakes in the joint venture Allied Mills Australia to funds advised by Pacific Equity Partners (PEP).
