Brief: Elders And Rural Bank Agree To Cease Relationship
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;))
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