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GrainCorp-Grainco Merger Talks
SYDNEY - Feb 4/03 - SNS -- Australia's GrainCorp Ltd and Grainco Australia Ltd confirmed they have entered discussions about a possible merger.
The two companies drew closer together last year with the creation of Bulk Terminals Australia (BTA) last year to operate Grainco Australia's existing port facilities in Brisbane, at Fisherman Islands and Pinkenba, together with GrainCorp's facilities at Carrington and Kooragang Island in Newcastle, under a long term licence arrangement.
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