• Street Talk

Ridley Corp's PE backer approaches trade, financial buyers

A US private equity backer is considering calling time on listed Australian animal feed business Ridley Corporation.

• Aug 30, 2020
• Sarah Thompson, Anthony Macdonald and Tim Boyd

• Street Talk

Ridley Corporation appoints Investec for prawn feed business

Animal feed group Ridley has appointed Investec to explore growth options for its prawn feed ingredient product Novacq.

• Updated May 25, 2018
• Sarah Thompson, Anthony Macdonald and Julie-anne Sprague

• Street Talk

GrainCorp, Ridley tie-up still makes sense

The seeds were sown a decade ago but now may be the time for GrainCorp to harvest a good acquisition: Ridley Corporation.

• Updated May 16, 2018
• Sarah Thompson, Anthony Macdonald and Julie-anne Sprague

• Street Talk

Would GrainCorp take a trip down memory lane?

With GrainCorp shares back above $10 and rising, we wonder whether the company would consider going back to the future.

• Updated May 16, 2017
• Sarah Thompson, Anthony Macdonald and Joyce Moullakis

Industry conditions 'supportive' for Ridley Corp

Forecast earnings growth is strong, as is the balance sheet.

• Updated Nov 10, 2015
• Elise Shaw

• Rear Window

Something in mind for Gary Weiss's Ridley?

Analysts at John Knox's Credit Suisse Australia are now covering the Gary Weiss-chaired agricultural minor Ridley. How bizarre!

• Updated Jul 9, 2015
• Will Glasgow

• Sales

5500-ha Adelaide site for sale

A 30km-long strip of coastal land which operated as a salt field for 80 years in northern Adelaide is being offered for sale by ASX-listed Ridley Corporation and the South Australian Government, with property experts saying it is the biggest parcel of land ever put on the market in Adelaide.

• Updated Sep 27, 2014
• Simon Evans

• Construction

Adelaide Brighton crunches numbers on Penrice quarry business

The $2 billion Adelaide Brighton Ltd cement company is among groups conducting due diligence on a limestone and marble quarry being sold off by the administrators of the failed ASX-listed Penrice Soda which collapsed in April with debts of $150 million-plus.

• Jun 17, 2014
• Simon Evans

Ageing plant hurt distressed Penrice

Administrators from McGrath Nicol say they were faced with an inefficient and ageing manufacturing plant dating back to 1935 which required extensive cleaning and maintenance when they took control of ASX-listed Penrice Soda Holdings, which was a ‘’highly distressed business’’ starved of cash.

• Apr 29, 2014
• Simon Evans

• Investment banking

STAG Beef sticks to 2013 IPO target, after roadshows

Keith De Lacy-chaired Staples and Agricultural Global (STAG) Beef investment is among companies stepping up preparations for a 2013 IPO, even as only five full-trading weeks of the year remain.

• Updated Nov 13, 2013
• Joyce Moullakis

• Investment banking

AGR Partners acquires Ridley stake

United States private equity firm AGR Partners has a 19.5 per cent stake in listed agribusiness Ridley Corporation, sources told Street Talk Online on Monday.

• Updated May 6, 2013
• Sarah Thompson and Anthony Macdonald

• Street Talk

Ridley next in line to be taken out, CBA analyst says

Archer Daniel Midlands’s revised bid for Graincorp “should be supported by shareholders,” CBA analyst Jordan Rogers says.

• Updated Apr 27, 2013
• Sarah Thompson and Anthony Macdonald

• Street Talk

Ridley update leads to downgrades

Ridley Corp’s trading update will result in “material downgrades” to earnings estimates, says Wilson HTM.

• Mar 22, 2013
• Sarah Thompson and Anthony Macdonald

• Soft commodities

‘Buy’ Ridley shares on M&A potential: Citigroup

Ridley’s first-half result was “soft” but Citigroup analyst Tim Mitchell retains his “buy” recommendation.

• Updated Feb 21, 2013
• Sarah Thompson and Anthony Macdonald

• Investment banking

GPG blocks fly but Ridley held safe

Guinness Peat Group’s quick sale of its shares in Capral and AVJennings has turned attention to its $75 million Ridley Corporation investment.

• Feb 7, 2013
• Sarah Thompson and Anthony Macdonald