Three top firms act on grain acquisition
Allens Arthur Robinson has advised leading grain handler and trader Cargill Australia on its strategic acquisition of grain trading assets and infrastructure from Canadian fertiliser and rural
Allens Arthur Robinson has advised leading grain handler and trader Cargill Australia on its strategic acquisition of grain trading assets and infrastructure from Canadian fertiliser and rural services provider Agrium Inc, advised by Clayton Utz.
Subject to various regulatory approvals, and expected to close in the first half of 2011, the acquisition will include AWB's grain marketing and pool operations, international grain trading businesses, grain distribution and storage assets, and international operations based in Switzerland, India and the Ukraine.
Allens partners Carolyn Oddie and Marcus Clark led the team, which advised on a range of due diligence and regulatory issues including analysis of AWB's wheat and barley pools, regulatory clearances, environment, sanctions compliance, oil-for-food litigation and employment issues.