CSR Limited has considered the expression of interest from Bright Food Group Co., Ltd including its offer to hold discussions to develop a proposal to acquire CSR’s Sugar and Renewable Energy business.

CSR remains focused on maximising shareholder value. Its preferred option continues to be to progress the demerger proposal of its Sugar and Renewable business as the Board is of the opinion that the demerger is in the best interests of shareholders.

CSR will continue to keep the market informed.