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Offeror(s): BayWa Aktiengesellschaft
Independent Adviser(s): Northington Partners Limited (Rule 22), KordaMentha (Rule 21)
Offer Date: 09/12/2011
Closing Date: 07/03/2012
Offer Type: Full
On 9 December 2011, BayWa Aktiengesellschaft (“BayWa”) made a full takeover offer for all the shares in Turners & Growers Limited (“Turners”).
The offer was due to close on 9 January 2012, but was extended twice before eventually closing on 7 March 2012. BayWa declared the offer unconditional on 7 March 2012, informing the market that it had received all consents required under the Overseas Investment Act 2005.
As at 13 March 2012, BayWa held 73.068% of the voting securities in Turners.
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