date:Oct 22, 2012
ngs.
and, more recently, paid $170m for Integro Foods, the edible fats and oils business of Goodman Fielder, and $300m for peer Gardner Smith to create a substantial oilseeds processing unit.
The drive has been broadly welcomed by investors, helping GrainCorp shares hit a four-year highs in August, before waning expecations for Australia's wheat crop, and with it export volumes, kicked in.
GrainCorp's market value remains above $2bn, and would be $2.8bn at the price of Aus$11.75 a share that