February date now set for the demerger. Rain forecast across the eastern seaboard and a more supportive outlook. Malt continues to grow and will be in the frame for multiple trade and PE buyers in 2020. Grains business is in the frame for consolidation of the East Coast grains industry and most vulnerable in 10 years. Head office costs significantly reduced on the way to demerger. This could go to $12.
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GNC Demerger and M&A Potential
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