date:Aug 29, 2012
The deal, which is valued at AU$170m, is expected to be completed in early October 2012, subject to the satisfaction of conditions, including employee consultation under applicable New Zealand requirements.
By this time it is expected that GrainCorp will have completed its acquisition of Gardner Smith,the company said in a statement, pointing to the Canadian companys recent acquisition of Australia's second largest oilseed crusher, which is valued at AU$302m.
The Goodman sale however does not