Australia's United Malt receives $998 million bid from France's InVivo
27/03/2023 22:42
March 28 (Reuters) - United Malt Group Ltd UMG.AX said on Tuesday it had received an A$5 per share non-binding offer from Malteries Soufflet, a branch of French agribusiness InVivo, valuing the commercial maltster at A$1.50 billion ($998 million). ($1 = 1.5038 Australian dollars) (Reporting by Harish Sridharan in Bengaluru; Editing by Sriraj Kalluvila) ((Harish.Sridharan@thomsonreuters.com; Twitter: https://twitter.com/damnit_saladin;))
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