Too cheap: Namoi board rejects Louis Dreyfus takeover offer

Andrew Marshall
Updated May 23 2024 - 6:35pm, first published 6:30pm
BDO Corporate Finance concluded the 67 cents a share offer from Louis Dreyfus Company offer was not fair and not reasonable. File photo
BDO Corporate Finance concluded the 67 cents a share offer from Louis Dreyfus Company offer was not fair and not reasonable. File photo

Namoi Cotton has told its shareholders to ignore the most recent share bid for the company made by its French-owned marketing partner, Louis Dreyfus Company.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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