CBH rejects GrainCorp's ASX listing plan

Tess Ingram

Updated Mar 14, 2016 – 9.17pm, first published at 6.51pm

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The nation's largest grains exporter, CBH Group, has rejected plans by the GrainCorp-backed Australian Grains Champion (AGC) to list the West Australian company on the Australian Securities Exchange.

CBH Group said the privatisation proposal had triggered approaches from third parties and as a result it would review its co-operative business model.