Rural Equities’ Cushing to meet Tandou bosses after building 17.7 percent stake

Fri, 09 Aug 2013

By Paul McBeth Aug 9 (BusinessDesk) - Rural Equities will meet with the bosses of Tandou in the coming weeks after the local farming group controlled by the Cushing family built a 17.7 percent stake in the ASX-listed agribusiness. Chairman David Cushing told BusinessDesk the company hasn’t considered whether to push for a seat on the Tandou board after Rural Equities bough 11 percent of Tandou for $7.9 million at an average price of about 43 Australian cents, building on the Cushing family’s stake. “We plan to have discussions with the (Ta...

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