ACCC Approves Elders' $475m Acquisition of Agribusiness Rival Delta

ACCC approves Elders' $475m acquisition of agribusiness rival Delta

The consumer watchdog has given the go-ahead for Elders to acquire its competitor, Delta, but it must sell six Delta stores in WA to improve competition.

Elders deal to boost competition in rural supplies, says Delta chair

Delta Ag’s chairman Doug Rathbone says its acquisition by Elders will create an Australian-owned player to compete with Canada’s Nutrien in rural supplies.

Why Elders, Netwealth, Orthocell, and Syrah shares are charging higher

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up a fraction to 8,971.3 points. Four ASX shares that are rising more than most today are listed below. Here's why they are ending the week on a high: Elders Ltd (ASX: ELD) The Elders share price is up 2.5% to $7.44. This morning, analysts at Bell Potter retained their buy rating and $9.45 price target on this…

Elders' $475M bid for Delta Agribusiness wins OK with store sell-off

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me The ACCC will not stand in the way of Elders’ $475 million takeover of rival farm supplier Delta Agribusiness, after the agribusiness giant provided an undertaking to divest six Delta stores in Western Australia. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me …

ACCC greenlights Elders takeover of Delta with conditions

Elders will sell six Delta Agribusinesses stores in WA to overcome concerns raised by the competition watchdog, paving the way for its $475 million acquisition of the rural retailer to go ahead next month.

Watchdog won't stop Elders' $475m Delta acquisition

A move by Australia's largest agribusiness to acquire private rival Delta Agribusiness won't be blocked by the competition watchdog after it was agreed six WA stores would be divested.