GFM Network News


Crown pension fund bids for Australian ag firm Webster

Reuters — Australian agribusiness company Webster Ltd. said on Thursday it has signed a deal for a A$854 million (C$763.65 million) takeover by shareholder PSP Investments, one of Canada’s biggest pension funds. The walnut, cotton and livestock producer said the A$2 per share offer — a 57.5 per cent premium to Wednesday’s ordinary shares closing […] Read more