Macquarie’s Lawson Grains could fetch $550m
Matthew CranstonUnited States correspondent
US-based Macquarie Crop Partners is selling off the biggest corporate grain farming business in Australia– Lawson Grains – with expectations it could fetch $550 million.
After a bumper east coast crop harvest, rising rural land values and record low borrowing rates, the timing for Macquarie and its investors could not be better.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
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