Timbercorp confirms takeover interest
Leading agribusiness company, Timbercorp, has today confirmed that it has been the subject of approaches from parties “interested in exploring an acquisition or merger transaction”.
In a statement released on the Australian Stock Exchange, Timbercorp said that it had made the statement following a round of media speculation.
It said that while it had held discussions with the parties, no one had yet submitted a proposal capable of being considered by the Board.
AUTHOR
Mike Taylor
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