LDC in agreement to buy Longriver Farms's Emerald Grain

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The agreement is subject to regulatory approvals and customary closing conditions.

Emerald Grain is a leading grain handling business in Australia, with a network of seven grain storage and receival sites across the states of New South Wales and Victoria, with a combined storage capacity of approximately one million tonnes, and a grain export terminal at the Port of Melbourne, LDC said in a statement.