Australia's Costa Group gets lower buyout offer from PE firm Paine Schwartz

Australia's Costa Group gets lower buyout offer from PE firm Paine Schwartz

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Costa Group Holdings Ltd said on Monday that U.S. private equity firm Paine Schwartz Partners (PSP) reduced its non-binding takeover offer for shares it does not already own, valuing the horticulture company at A$1.49 billion ($958.4 million).

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