Costa Group (ASX:CGC) acquisitions

05MarMarch 5, 2021

Fruit and vegetable grower, Costa Group (ASX:CGC) has inked conditional agreements to buy both the farming operations of KW Orchards citrus farm, as well as the EJT citrus packing facility.

Both assets are located in the Sunraysia region of New South Wales.

Following the purchase, the company will own circa 1,100 hectares in the Sunraysia region – 700 hectares of citrus, 250 hectares of table grapes and 130 hectares of wine grapes.

The deals will be funded from existing debt facilities.

Completion is expected in late March 2021.

Shares in Costa Group (ASX:CGC) are trading 1.5 per cent lower at $4.53.

Copyright 2021 – Finance News Network

Source: Finance News Network

25JanJanuary 25, 2021

PointsBet (ASX:PBH) appoints Shaquille ONeal as Australian Brand Ambassador

25 Jan 2021 - Shaquille O’Neal is set to become online bookmaker PointsBet’s (ASX:PBH) Australian brand ambassador.

01AugAugust 1, 2021

Stocks of the Hour: NAB, Origin Energy & PointsBet

30 July 2021 - A snapshot of some of the news that broke today, featuring NAB (ASX:NAB), Origin Energy (ASX:ORG) & PointsBet (ASX:PBH).

28JulJuly 28, 2020

Sezzle (ASX:SZL) partners with Plaid

28 Jul 2020 - Fintech payment platform company Sezzle (ASX:SZL) announces a partnership with US data network operator Plaid.

21DecDecember 21, 2020

Silver Lake Resources (ASX:SLR) to divest Andy Well and Gnaweeda projects

21 Dec 2020 - Silver Lake Resources (ASX:SLR) has agreed to divest the Andy Well and Gnaweeda projects in Western Australia to Latitude Consolidated (ASX:LCD) for cash consideration of $8 million.

18DecDecember 18, 2020

REA Group (ASX:REA) secures controlling interest in Elara

18 Dec 2020 - REA Group (ASX:REA) has increased its stake in Indian real estate platform, Elara Technologies, from 13.5 per cent to 54.3 per cent, giving it a controlling position.

20AprApril 20, 2020

Metcash (ASX:MTS) set to raise $330 million

20 Apr 2020 - Metcash (ASX:MTS) today announced the launch of an Equity Raising of up to $330 million through which Metcash is seeking to strengthen its balance sheet and enhance liquidity.

01JunJune 1, 2020

Monadelphous (ASX:MND) secures $150m worth of new contracts

01 Jun 2020 - Engineering company Monadelphous Group (ASX:MND) has secured a number of new construction and maintenance contracts worth a combined $150 million.