Australia’s Mackay Sugar accepts Nordzucker takeover

Farmers who own shares in Australia’s Mackay Sugar have voted to accept a takeover offer from Germany’s Nordzucker, helping secure the company’s future against a backdrop of depressed world sugar prices.
It is reported by Reuters.
The offer was approved by a 75% majority of Mackay’s shareholders, they said in a statement on Monday.
Unlisted Nordzucker, Germany’s second-largest sugar...