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GrainCorp Seeks Slice of Biggest Crop Handler in Australia

2016-02-17 09:54:30| Agriculture - Topix.net

GrainCorp Ltd. swung its support behind a group of growers seeking an initial public offering of the biggest crop handler in Australia with a planned A$300 million investment in a vehicle to help fund the buyout. The proposal will ensure the Sydney-based GrainCorp gets an equity stake in Co-operative Bulk Handling Ltd., known as CBH, should the farmer-controlled crop handler agree to the IPO plans being put forward by Australian Grains Champion.

Tags: australia biggest seeks crop

 

Graincorp hopeful of more foreign investment under Malcolm Turnbull government

2015-11-12 13:03:10| Food - Topix.net

The boss of Australia's biggest agribusiness, Graincorp, is optimistic the federal government will be more welcoming to foreign investment after the ousting of former prime minister Tony Abbott and treasurer Joe Hockey. Mr Hockey attracted heavy criticism from the business community - and even his Victorian Coalition colleagues - after he knocked back a $3 billion bid for Graincorp from US agriculture giant Archer Daniels Midland in November 2013.

Tags: government foreign investment malcolm

 
 

Graincorp hopeful of more foreign investment under Malcolm Turnbull government

2015-11-12 04:33:42| Agriculture - Topix.net

The boss of Australia's biggest agribusiness, Graincorp, is optimistic the federal government will be more welcoming to foreign investment after the ousting of former prime minister Tony Abbott and treasurer Joe Hockey. Mr Hockey attracted heavy criticism from the business community - and even his Victorian Coalition colleagues - after he knocked back a $3 billion bid for Graincorp from US agriculture giant Archer Daniels Midland in November 2013.

Tags: government foreign investment malcolm

 

Graincorp shares soar on new PM, prompting fresh takeover speculation

2015-09-16 10:24:30| Agriculture - Topix.net

The change of power to new Prime Minister Malcolm Turnbull appears to have stoked speculation that a fresh $3 billion takeover bid for Australia's biggest listed agribusiness Graincorp may now be welcome. The company's shares have surged almost 9 per cent since Mr Turnbull won the Liberal leadership and the prime ministership in a late night ballot on Monday.

Tags: fresh shares speculation takeover

 

Graincorp shares soar on new PM, prompting fresh takeover speculation

2015-09-16 09:56:31| Food - Topix.net

The change of power to new Prime Minister Malcolm Turnbull appears to have stoked speculation that a fresh $3 billion takeover bid for Australia's biggest listed agribusiness Graincorp may now be welcome. The company's shares have surged almost 9 per cent since Mr Turnbull won the Liberal leadership and the prime ministership in a late night ballot on Monday.

Tags: fresh shares speculation takeover

 

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