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​Lempriere studying $922m acquisition of Landmark agency

( August 12, 2016, 04:18 GMT | Insight) -- Australia’s Lempriere Group, the oldest wool company in the country, is conducting due diligence on a potential A$1.2 billion ($922 million) acquisition of Agrium's Landmark agency and trading business, the Australian Financial Review reports. Australia’s Lempriere Group, the oldest wool company in the country, is conducting due diligence on a potential A$1.2 billion ($922 million) acquisition of Agrium's Landmark agency and trading business, the Australian Financial Review reports. Australia's largest distributor of merchandise and fertiliser, ​Landmark caters to more than 75 percent of all farms in the country. It was purchased by Agrium, an American retail supplier of agricultural products and services, in 2010, but it recently reported its Australian Ebitda was down A$9 million from the previous year. ...

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