Brief: Elders And Rural Bank Agree To Cease Relationship

Bendigo and Adelaide Bank

12/12/2023 06:03

Dec 12 (Reuters) - Elders Ltd  ELD.AX :
    * ELDERS AND RURAL BANK AGREE TO CEASE RELATIONSHIP
    * AGREED IN-PRINCIPLE WITH BENDIGO AND ADELAIDE BANK LIMITED
    * TO CEASE ITS AGREEMENT BETWEEN ELDERS RURAL SERVICES
AUSTRALIA
AND RURAL BANK
    * RURAL BANK WILL PAY ELDERS A$17M AND BOTH PARTIES WILL BE
RELEASED FROM THEIR OBLIGATIONS UNDER RELATIONSHIP AGREEMENT

Source text for Eikon:  ID:nASX8Zd5GN 
Further company coverage:  ELD.AX 

 ((Reuters.Briefs@thomsonreuters.com;))