Agribusiness

Elders given all clear to acquire AIRR rural wholesaler

The ACCC will not oppose the proposed acquisition of rural wholesale buying group Australian Independent Rural Retailers (AIRR) by Elders…Read More

Beef Central, September 12, 2019

Elders chair stands down

Further high level personnel changes are underway at Elders with an announcement to the ASX today thatĀ Michael Carroll has decided to stand down as Chairman…Read More

Beef Central, September 11, 2019

Ruralco-Landmark deal gains shareholder approval

Ruralco shareholders on Friday voted in favour of Nutrien, the Canadian fertiliser company, through its subsidiary Landmark, taking over Ruralco in a deal slated to settle at the end of the month…Read More

Beef Central, September 9, 2019

Executive management changes at Elders

Elders has confirmed a number of executive management changes to take effect from October 1…Read More

James Nason, August 28, 2019

Rural Funds Group to sue US short seller

Rural Funds Management has announced it is commencing legal action against US-based activist short seller Bonitas Research, after an independent investigation by Ernst & Young (EY) said the assertions made against the group were not substantiated…Read More

Beef Central, August 27, 2019

Ruralco-Landmark deal now gets FIRB blessing

The Ruralco-Landmark union now lies in the hands of Ruralco shareholders after Landmark parent Nutrien Limited received a no objection letter from the Foreign Investment Review Board (FIRB) giving the geen light for its 100 percent acquision of Ruralco shares to proceed…Read More

Beef Central, August 27, 2019

Ruralco, Landmark merger approved by ACCC

The ACCC will not oppose the proposed acquisition of rural services company Ruralco by Nutrien, which operates in Australia through its wholly owned subsidiary, Landmark…Read More

Beef Central, August 22, 2019

RFF directors hit back at US short seller, increase shareholdings

Three Rural Funds Management directors have increased their individual share holdings in the listed rural property trust Rural Funds Group (RFF) as they continue to defend the company against claims by a US short seller that its stock is overvalued…Read More

Beef Central, August 9, 2019

Elders to buy rural wholesaler AIRR

As the takeover of Ruralco by Landmark-owner Nutrien moves toward creating a rural merchandise retailing and wholesaling behemoth in Australia, Elders Limited has announced an acquisition move that will extend its own competitive footprint beyond rural retailing and into wholesaling as well…Read More

Beef Central, July 15, 2019

Elders expects strong year despite challenging trading conditions

Elders Limited says it expects to record a similar net profit after tax to last year in the vicinity of $61-$64 million for the 12 months to 30 September 2019, despite the challenges of widespread drought and flooding in northern Queensland…Read More

Beef Central, March 15, 2019

Ruralco board backs Nutrien’s $469m takeover offer

Ruralco has today confirmed it hasĀ entered into an agreement with Nutrien Ltd, under which the Canadian agri-giant has agreed to acquire 100pc of Ruralco shares for a cash price of $4.40 per share…Read More

Beef Central, February 27, 2019

Royal Commission calls for national farm debt mediation scheme

Rural banks will be required to commence farm mediation processes as soon as loans become distressed, not as a ‘last measure’ before taking enforcement action, under a key recommendation from the Hayne Royal Commission into banking…Read More

Beef Central, February 5, 2019

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