Australia’s largest fruit and vegetable processor is set to bid farewell to public life.
Costa Group’s board, chaired by Neil Chatfield, is expected to give its blessing to New York private equity investor Paine Schwartz Partners’ revised $3.20-a-share bid, after nearly four months of negotiations.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com