GrainCorp planned demerger to raise questions over Long-Term Asset Partners takeover

ASX-listed GrainCorp has received ‘no recent definitive update’ on LTAP’s mysterious A$10.42-per-share offer.

NEP sells Actagro to Nutrien in $340m deal

Partner Todd Solow says educating growers and retailers about the potential return on investment from the company’s plant health products was key to the investment’s success.

Farmland Partners expects at least $37m in 2019 sales

FPI’s sales will focus on ‘the lower end of the cap-rate scale,’ says chief executive Paul Pittman.

Vintage Wine Estates acquires California vineyard

Chief executive Pat Roney says plans for the property include replanting its vineyard acres, residential development of certain parcels and consolidation with other of the firm’s wineries to utilize currently unused winemaking capacity.

Rabobank sells non-ag US banking unit for $2.1bn

The sale to Mechanics Bank underlines the Dutch lender’s redoubled focus on agriculture following a $369m Department of Justice settlement last year, says North American rural banking head Curt Hudnutt.

Milltrust builds dairy portfolio in New Zealand for buy-and-lease fund

Milltrust Agricultural Investments has taken a 24.9% stake in a new entity managing a portfolio of eight dairy farms across the North and South Islands.

CPC sells Queensland cattle property as Terra Firma continues search for buyer

Sell-down of CPC’s portfolio continues, leaving the firm with 11 properties as it continues to look for a buyer.

Bezos family office among group injecting $30m into mayo alternative

Elio Leoni Sceti, co-founder of lead investor The Craftory, says the investment into NotCo reflects a strategy designed to harness a 'seismic shift' in the relationship between brands and consumers over the past five years.

GrainCorp sells Australian bulk liquid terminals for A$350m

Long-Term Asset Partner’s mysterious bid for 100% of GrainCorp faces a May 10 deadline after sale of liquid terminals to ANZ Terminals, owned by several infra fund managers.

Pipeline Foods buys SunOpta’s organic corn, soy business for $66.5m

The deal expands Pipeline’s network of suppliers and customers as well as its distribution network for grains and oilseeds, says chief executive Eric Jackson.

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