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GrainCorp demerger flagged

GRAINCORP has announced it intends to demerge its global malting business, subject to shareholder and other approvals.

Staff writer
 A new company called MaltCo from the demerger of GrainCorp will focus on growth in demand for malting barley. Picture courtesy DPIRD.

A new company called MaltCo from the demerger of GrainCorp will focus on growth in demand for malting barley. Picture courtesy DPIRD.

The proposed demerger would result in the establishment of two independent ASX-listed companies being MaltCo, a global malting and craft brewing distribution business, and New GrainCorp, a domestic and...

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