News: GNC Australia's GrainCorp gets $1.76 bln buyout offer

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    Dec 3 (Reuters) - Australia's GrainCorp Ltd (GNC) received a buyout proposal from asset manager Long-Term Asset Partners Pty (LTAP) in an all-cash deal for A$2.38 billion ($1.76 billion), the company said in a statement on Monday.

    GrainCorp's board said it would engage with LTAP with regard to an ongoing portfolio review of the company and also assess merits of the proposal.

    ($1 = 1.3548 Australian dollars)

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.99
Change
0.285(3.28%)
Mkt cap ! $1.996B
Open High Low Value Volume
$8.70 $9.01 $8.67 $10.23M 1.147M

Buyers (Bids)

No. Vol. Price($)
26 17889 $8.98
 

Sellers (Offers)

Price($) Vol. No.
$8.99 9987 17
View Market Depth
Last trade - 15.47pm 16/09/2025 (20 minute delay) ?
GNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.