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Newly listed Cobram Estate chases $50m equity, $15 5m selldown

Cobram Estate Olives is in front of fund managers seeking a $50 million equity injection on Monday morning. 

2 stocks: Olive oil & almonds

2 stocks: Olive oil & almonds
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Cobram Estate olive oil-owner cooks up $500 million float plans

Cobram Estate olive oil-owner cooks up $500 million float plans Save Share The country’s largest olive grower Boundary Bend is oiling up its corporate machinery for a run at the ASX boards. Street Talk understands Boundary Bend – which is also Australia’s biggest extra virgin olive oil producer – has hired stockbrokers Bell Potter, Ord Minnett and Morgans to oversee an initial public offering likely to value it at more than $500 million. Boundary Bend co-founder Robert McGavin.  Eddie Jim Sources said the company and its advisers, which also include law firm DLA Piper, were aiming for a deal in the second half of this year. Early discussions indicated they would seek to raise $100 million to $150 million for the IPO.

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