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What Robert Costa thinks of $1.6b takeover offer

Costa Group co-founder Robert Costa says he long expected any takeover tilt at Australia’s biggest horticulture company to involve a spin-off of its lucrative berry business.

Mr Costa said he considered global berries heavyweight Driscoll’s the most logical owner of the Costa berry division, that has a growing and attractive footprint in China and Morocco.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/agriculture/what-robert-costa-thinks-of-1-6b-takeover-offer-20230705-p5dlys