Australia's Costa Group gets $935m bid from US PE firm Paine Schwartz

Australia's Costa Group gets $935m bid from US PE firm Paine Schwartz

Photo: Reuters

Costa Group Holdings said on Tuesday it had received a A$1.4 billion ($934.50 million) takeover proposal from U.S. private equity firm Paine Schwartz Partners LLC (PSP) for shares it doesn’t already own in the horticulture company.