Quickstep rejects offer as not reflecting company value

Aerospace composites manufacturer Quickstep has rejected as inadequate a takeover offer tabled on Thursday by a group of Australian defence contractors represented by ASDAM Operations, a company majority owned by CPE Capital. CPE Capital specialises in growing mid-sized businesses by providing development capital, and has investments in a wide range of businesses, including manufacturers. ASDAM…

‘Oils ain’t oils’ when Nufarm makes more of them

Crop protection and seed developer Nufarm has established a strategic R&D partnership to expand its bioenergy and sustainable oils platform technology originally sourced from CSIRO. The company’s Biomass Oil trait technology comprises a significant estate of patents and know-how that when deployed into crops boost accumulation of oil in plant tissue, increasing oil yields from…