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Duxton Farms Limited ( (AU:DBF) ) has provided an update.
Duxton Farms Limited has announced that the Australian Securities & Investments Commission has registered the scheme books for its proposed acquisition of four Australian agricultural businesses. This merger, which involves Duxton Bees, Duxton Dried Fruits, Duxton Orchards, and Duxton Dairies, has been deemed fair and reasonable by independent experts and is set to enhance Duxton Farms’ market positioning. The merger is supported by financing arrangements with Commonwealth Bank of Australia and National Australia Bank, which are expected to be finalized by the implementation date. The merger is anticipated to strengthen Duxton Farms’ operational capabilities and market presence in the agricultural sector.
More about Duxton Farms Limited
Duxton Farms Limited operates in the agricultural industry, focusing on the acquisition and management of agricultural businesses. The company is involved in the production of various agricultural products through its subsidiaries, including Duxton Bees, Duxton Dried Fruits, Duxton Orchards, and Duxton Dairies.
Average Trading Volume: 71,513
Technical Sentiment Signal: Sell
Current Market Cap: A$44.51M
For an in-depth examination of DBF stock, go to TipRanks’ Overview page.