AAP CSR had previously said Mr Maycock would retire after the demerger of the company's sugar and renewable energy business was completed. However, despite the Federal Court's recent decision declined orders to enable CSR to convene a meeting of shareholders to consider the proposal, Mr

Shares in conglomerate CSR fell more than 10 per cent as investors reacted to the Federal Court’s shock decision to block its planned demerger, throwing the company’s strategy, directors and management into turmoil. CSR shares fell 20 cents to $1.645 in early trade before cla

CSR has warmed to the $1.5 billion offer by Bright Food Group to buy CSR's local sugar and renewable energy assets, but advised the Chinese predator to get serious. The building products and sugar group said the offer was still inferior to its proposed demerger of the sugar and renewable

Tuesday January 19, 2010, 6:19 pm Building products and sugar supplier CSR Ltd says it has agreed with the corporate regulator that the first court hearing relating to a proposed demerger of CSR 's sugar and renewable energy business should be held on January 29. The

Wednesday January 13, 2010, 10:36 am Another big Chinese company is looking to buy an Australian commodities company, in this case the sugar business of CSR. Shanghai's biggest food firm, Bright Food Group, says it is interested in the sugar and renewable energy

The brash move by the Chinese Government-owned Bright Food to put public pressure on the CSR board to enter negotiations to sell CSR's sugar and renewable energy business has done two things: put the debate over China buying Australian assets into sharp focus and thrown CSR's demerger plans

SHANGHAI-BASED Bright Food Group has made a $1.5 billion offer to buy CSR's local sugar and renewable energy assets, potentially disrupting the conglomerate's planned demerger and underscoring China's insatiable appetite for Australia's commodities. Bright Food, one of the largest food

Tuesday January 12, 2010, 4:26 pm (Adds comment, details) By Victoria Thieberger MELBOURNE, Jan 12 (Reuters) - Australian stocks declined 1 percent on Tuesday as profit-taking hit resource firms , with shares in Alumina Ltd (ASX: AWC.ax ) falling sharply after partner

Tuesday January 12, 2010, 11:40 am A Chinese company is interested in acquiring the sugar division of building products, sugar and aluminium group CSR Ltd. The Shanghai-based Bright Food (Group) Co Ltd said on Tuesday that through its wholly-owned subsidiary Shanghai Sugar