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Duxton Farms Unveils $149M Merger and $4M Placement to Expand Agricultural Empire
11:42am on Thursday 26th of June, 2025 AEST
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Agriculture
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Duxton Farms Unveils $149M Merger and $4M Placement to Expand Agricultural Empire
11:42am on Thursday 26th of June, 2025 AEST
Key Points
Acquisition of four private agricultural companies including walnuts, dried fruits, orchards, and bees
Pro forma gross assets to increase to approximately $298 million
Conditional $4 million fully underwritten placement priced at $1.25 per share
Announcement of an 85% franked special dividend of $0.24 per share
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Duxton Farms (ASX:DBF)
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