CSR (ASX:CSR) Agreed to Sell Sugar Business to Wilmar (SIN:F34)

  Sydney, Australia, July 5, 2010 - (ABN Newswire) - CSR Limited (ASX:CSR) said it has agreed to sell its sugar and renewable energy business, Sucrogen, to Singapore listed agribusiness Wilmar International Limited (SIN:F34) for A & #36;1.75 billion. Under the sale agreement between CSR and Wilmar, CSR has agreed to defer implementation of its demerger of Sucrogen until 31 December 2010. The sale is expected to complete by the last quarter of 2010.  

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