A German company seeking to buy Turners Growers has extended the closing date for its full takeover offer for four weeks.
BayWa launched a $216 million dollar takeover offer last year, after securing Guinness Peat Group's 63% holding.
It now has acceptances giving it 69% of the company.
The offer was due to close on Wednesday but has been extended to 7 March.
The last date that BayWa may declare the offer unconditional has also been extended by 28 days, 6 April.
However, BayWa will declare the offer unconditional on the day that the required consent from the Overseas Investment Office is received.
