Australia
December 17, 2008
Merger discussions between
AWB Limited and ABB Grain
Ltd have ceased as a result of the parties being unable to
agree on appropriate commercial terms.
AWB maintains options for a strong and sustainable future under
its own strategic direction and it is actively participating in
the deregulated wheat export market.
AWB is well positioned for an independent future or to
participate in any industry consolidation that would be in the
best interests of its shareholders. |
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