"We acknowledge the ongoing support of our banks, who have allowed Elders to continue trading as normal. Clients can feel reassured that they will continue to receive a high level of service and security of their proceeds, as we continue to focus on ...
Elders Limited Managing Director, Malcolm Jackman, said final bids for Rural Services are expected shortly, and an outcome for the sale is expected to be determined before the end of the second half.
Elders is strengthening its livestock and wool production services for producers across Victoria with the addition of new senior livestock production advisor Gary Hallam.
The board of Elders Limited has this morning announced a decision to reject an offer for its Rural Services Division by Ruralco, stating the offer was 'inadequate with respect to value, execution risk and other considerations'.
ELDERS Limited says it is still on track for an agreement on the sale of its prized national rural services division by late this month, although the deal probably won't be wrapped up until September.
"The sale process was announced to be finished yesterday and what that enables us to do is to run the business of Elders inside its current ownership structure.
Elders reported a statutory loss after tax of $303.2 million for the 6 months ended 31 March 2013 (F12 H1: $47.1m profit), which included a number of items considered either not related to ongoing operating performance or related to discontinued ...
Elders Ltd has rejected a takeover bid for its rural services business from long-time suitor Ruralco Holdings Ltd, The Australian Financial Review reports.
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