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17:47
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Originally posted by Amused observer
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I am not close to Consolidated Pastoral Company at all but a quick look indicates it is out performing AACo but they have been trying to exit for some time. So my SWAG would be anywhere north of $880m for the lot or if it was broken up it would take longer and they run the risk of having some parts unable to sell but would probably get near the $1Bn mark for the high demands parts of the business. It would depend on the marketing campaign that Frank Knight and Goldman Sachs pull together and if they can attract some competition for the business or its assets. I did find out it got sold in 2009 for around $400m but since then it has acquired further land holdings and changed the business so that really isn't the best guide.
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