United Malt seeks $165m and cuts costs as coronavirus flattens beer sales

Andrew Marshall
May 18 2020 - 6:45am
United Malt Group's Barrett Burston malting plant in Brisbane.
United Malt Group's Barrett Burston malting plant in Brisbane.

GrainCorp shareholders who automatically gained a stake in newly listed United Malt Group when the business recently split from its parent agribusiness have the chance to buy extra shares as part of a $165 million equity raising.

Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

Get the latest SA news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.