Great Southern talks back

GREAT Southern plantations has moved to quash talk that appeared in the Australian Financial Review on February 19 inferring that the company had acquired or was about to acquire forestry assets from Challenger Financial Services Group.

"The inference is incorrect," Great Southern’s announcement says. "Challenger has issued an information memorandum in respect to certain forestry assets and, as part of our normal ongoing business, we are reviewing this opportunity.

"However, it is far too premature to speculate that the review will result in any transaction being effected."







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