AWB 0.00% $1.50 awb limited

awb acquires landmark from wes

  1. 524 Posts.
    The purchase of the Landmark business from Wesfarmers provides a fantastic opportunity for AWB and could be described as a company maker type deal.

    The deal is worth $825m and brings to AWB thousands of new customers in a variety of different agricultural industries. AWB is now much more diversified and not so reliant on its single desk wheat trading business which attracts a lot of criticism from a wide range of sources.

    AWB have said they are not going to continue with the FCL acquisition and so it would appear FCL is set for a big fall on Monday.
 
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