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AWB vote to decide grower domination
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AWB Limited will try, for the second time, to dismantle its dual shareholder structure at a special meeting in mid-August 2008. Now that the single desk is finished, the company needs a revised structure in order to generate fresh equity capital to compete in a competitive grain market. AWB CEO, Gordon Davis, says it will be difficult to get over some of the boardroom politics, but he believes that the new commercial reality will help. The following companies were referenced in the original article
Australian Financial Review |