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Cubbie wants to expand into grains
30 Jun 2008
Australia''s biggest cotton producer Cubbie Group is considering an initial public offering *or* a private placement of share to fund expansion plans. Cubbie Station is a significant water user in the Murray Darling Basin and is looking to diversify into wheat, soy beans and other agricultural products. Cubbie may raise up to $200 million from overseas investors to fund the plans.
Herald Sun, 30/6/2008
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