CBH enters binding agreement over Newcastle Agri-Terminal

CBH confirms it has entered into a binding agreement with a subsidiary of Qube Holdings Limited to sell our 18.9 per cent share in the Newcastle Agri-Terminal (NAT). 

CBH co-invested in NAT in 2009, with the terminal officially commissioned in 2014, to complement the supply and quality of grain available from the co-operative to international customers. 

Subject to agreement conditions being satisfied, CBH’s portion of proceeds from the sale will be finalised on 30 September 2021.