Graincorp: Another Aussie falls to foreign ownership

Australia & New Zealand Homebrewing Forum

Help Support Australia & New Zealand Homebrewing Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

DU99

Well-Known Member
Joined
7/6/10
Messages
6,938
Reaction score
1,115
Location
Deer Park.Victoria
Well that’s that! The last of Australia’s major grain marketers and handlers looks set to be sold off to a foreign entity.
Graincorp holds a number of strategic assets. These include the largest grain storage infrastructure network in Eastern Australia and grain processing assets which produce around 35% of Australia’s malt, 40% of domestically produced canola oil and 35% of Australia’s flour. With ABB Ltd and AWB Ltd no longer Aussie-owned, the investment universe for direct-listed exposure to soft commodities has diminished, particularly for grains which are one of Australia’s largest agricultural export commodities.


http://au.finance.yahoo.com/news/graincorp-another-aussie-falls-foreign-213907745.html
 
Well they werent a sharp bunch of people anyway. Afterall they picked another guy over me for a job lol !

Seriously though thats crap
 
Back
Top