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Announced

GrainCorp to sell its Australian Bulk Liquid Terminals business to ANZ Terminals for $244m.

Financials

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Transaction Value£184m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Fruit and Grain Processing

Pending

grain production

Private

Acquisition

Synopsis

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GrainCorp, a grain processing company listed on the Australian Securities Exchange, agreed to sell its Australian Bulk Liquid Terminals business to ANZ Terminals, a leading independent provider of bulk liquid storage terminals across Australia and New Zealand, for $244m. Sam Tainsh, Group General Manager, GrainCorp Oils said: “ANZ Terminals is an established and respected bulk liquid terminals operator. We will work with ANZ Terminals to ensure a smooth transition for our customers and our people and through the long-term storage agreement we will have the access required for our trading and liquid feeds businesses.”

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