Elders Completes Delta Agribusiness Acquisition
Elders Limited has officially settled its $475 million acquisition of Delta Agribusiness.
Elders, a pastoral group providing a range of services and products to the agricultural industry, expects the acquisition to generate meaningful value for its shareholders over time.
About Delta Agribusiness
Delta Agribusiness operates a network of rural services centres, providing agronomic advice, livestock services, and merchandise sales to farmers.
Regulatory Approval
The Australian Competition and Consumer Commission (ACCC) granted approval for the transaction on October 9, following the requirement that Elders divest six Delta Agribusiness outlets located in Western Australia.
This divestment addressed concerns about potential anti-competitive effects in specific regional markets.
No additional comments provided
Author summary: Elders acquires Delta Agribusiness for $475 million.
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