The Foreign Investment Review Board has delayed its decision on whether the proposed acquisition of CSR’s sugar unit, Sucrogen, by China’s Bright Food Group will be allowed to proceed. Bright...

Fosters Group Ltd today announced its plans to demerge its beer and wine businesses in a move to separate the thriving beer side from the globally unstable wine market. “We are increasingly seeing the...

CSR has won its Full Federal Court appeal against the blocking of a proposed demerger of the CSR sugar and renewable energy business, Sucrogen. The planned demerger was blocked by Justice Margaret Stone...

CSR Limited announced on Thursday that it has received a $1.75 billion dollar conditional offer from Bright Food to acquire CSR’s Sugar and Renewable Energy business, Sucrogen. A previous offer...

Australian building materials and sugar group CSR has said they will take time to assess the ramifications of a Federal Court decision yesterday that effectively blocked their plans for a demerger. The...

The Federal Court of Australia has today blocked the demerger of the building materials and sugar group CSR. CSR had been hoping the Court would approve their plans for a shareholder vote on a separation...

CSR Limited has said they still intend to proceed with their demerger following meetings with China’s Bright Food about a possible takeover of their sugar and renewable energy business. The company,...

CSR Limited has agreed with ASIC that the first court hearing relating to the proposed demerger of their Sugar and Renewable Energy business will now be held on the 29th January 2010 – the third...

Bright Food Group is looking to engage the CSR Board in discussions this week about their non-binding takeover offer. Shanghai-based Bright made public a $1.5 billion offer for the sugar business of CSR...

As speculation of other bidders entering the fray mounts, CSR is pushing on with demerger plans in the wake of a $1.5 billion informal offer from Bright Food this week. CSR last night advised that discussions...