Crate Pooling News Today

Independent directors say Raphael Geminder’s offer is opportunistic, with the shares, valued between $1.06 and $1.51, being well under a 68¢ a share bid.

The packaging group’s shares traded as high as $4.55 in 2021, but have slid to just 68¢. Raphael Geminder said the ASX-listed company had low support.

Morrison & Co has agreed to acquire a 50% interest in Pact Group's Crate Pooling business, a provider of reusable plastic crate pooling services.