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Elders' buy of Delta Agribusiness delayed as Australian regulator stops clock

( March 10, 2025, 03:50 GMT | Official Statement) -- MLex Summary: Publicly listed Elders' bid to acquire 100 percent of Delta Agribusiness has been put on hold, as the Australian competition regulator awaits further information about the deal. In an entry on the website of the Australian Competition & Consumer Commission, the merger watchdog said it had scrapped March 13, 2025, as the provisional data for an announcement and that it would announce a revised provisional date “in due course.” The regulator had previously said that its investigation would focus on the deal’s likely effects on prices, service quality and competition within the retail and wholesale supply of rural merchandize, agronomic advice and agency services for livestock, real estate and finance.The entry on the Australian Competition & Consumer Commission's website follows: ...

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