InvestSMART

Cobram Estate Olives Limited (ASX:CBO)

ALERT: Price-sensitive ASX Announcement for CBO
Current share price for CBO : $3.290 0.33 (11.15%)+
Announcement
Release
12 Mar 2026 4:40PM
Price at Release
$2.960
Full Release
download
Summary
Cobram Estate Olives Limited (CBO) announced the completion of the Department of Justice's anti-trust review, allowing them to proceed with the acquisition of California Olive Ranch, Inc., a leading producer of Californian extra virgin olive oil. The acquisition was initially announced on 24th December 2025 and is expected to be completed by 26th March 2026 AEST. CBO is a major player in the olive oil industry with operations in Australia and the USA, owning significant olive farming assets, brands, and facilities. The company aims to integrate the acquisition immediately after completion.
Key Points
  • Cobram Estate Olives Limited to acquire California Olive Ranch, Inc.
  • Acquisition subject to DOJ anti-trust approval, now completed
  • Transaction to be completed by 26th March 2026 AEST
  • Integration of COR to commence immediately after completion
  • CBO is a leading olive oil producer with operations in Australia and the USA
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.