GNC 5.12% $8.15 graincorp limited

News: GNC Graincorp Ltd Announces Sale Of Australian Bulk Liquid Terminals

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    March 4 (Reuters) - Graincorp Ltd (GNC) :

    • SALE OF AUSTRALIAN BULK LIQUID TERMINALS
    • TOTAL ENTERPRISE VALUE OF ABOUT $350 MILLION
    • DEAL FOR A TOTAL ENTERPRISE VALUE OF APPROXIMATELY $350 MILLION
    • AS PART OF TRANSACTION GRAINCORP OILS WILL ENTER INTO A LONG-TERM STORAGE AGREEMENT WITH ANZ TERMINALS
    • ENTERED AGREEMENT TO SELL ITS AUSTRALIAN BULK LIQUID TERMINALS BUSINESS TO ANZ TERMINALS PTY LTD
 
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