"Given the track record of the management of this company, the...

"Given the track record of the management of this company, the real dread I have is entrusting these people with so much funds. No one knows what they intend to do with the proceeds."

I agree.The purchase of the glass company at the top of the market is the latest disaster and now they will fool around with that for years.On their record whatever they buy one should be selling and whatever they sell one should be buying.On that basis sugar should be a good buy.
I notice that the potential buyer is big in palm oil so perhaps that intend to try that in North Queensland too.The investment bankers must be looking forward to CSR coming into substantial funds.What an opportunity to unload anything providing you can tell a good story.

I will avoid CSR until we know exactly how much is to be returned to shareholders and by what method.