GNC graincorp limited
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News: GNC Long-Term Asset Partners withdraws takeover bid for Australia's GrainCorp

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    06/05/19
    18:40
    Post #: 38434285

    May 6 (Reuters) - GrainCorp Ltd (GNC) , Australia's largest listed bulk grain handler, on Monday said that Long-Term Asset Partners had withdrawn its unsolicited A$2.38 billion ($1.66 billion) takeover bid for the company.

    Long-Term Asset Partners had made an offer of A$10.42 per GrainCorp share in December 2018. ($1 = 1.4306 Australian dollars)

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