14/11/2018 - 15:01

Alterra to demerge carbon forestry business

14/11/2018 - 15:01

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ASX listed Alterra is taking a page out of Wesfarmers’ playbook with a proposal to demerge its carbon forestry business and focus on the development of its agribusiness projects. The move is expected to realise the full value of the carbon business and generate a potential windfall to shareholders who will now own 85% of the carbon business in their own right whilst retaining their Alterra shares.

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