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Australian regulator approves ADM takeover of GrainCorp

2013-06-27 05:07:26| Agriculture - Topix.net

Archer Daniels Midland Co's takeover of bulk grain handler GrainCorp overcame its first regulatory hurdle after Australia's competition watchdog said it would not oppose the A$3 billion deal.

Tags: australian adm regulator approves

 

ADM launches bid for Australia's GrainCorp

2013-06-25 08:41:55| Agriculture - Topix.net

Archer Daniels Midland Co. said it is launching a tender offer to buy the rest of Australia's GrainCorp, after other bidders failed to submit better offers.

Tags: bid launches adm australias

 
 

US food giant closer to GrainCorp takeover

2013-06-24 08:36:53| Food - Topix.net

American food giant Archer Daniels Midland is a step closer to taking over Australia's largest grains handler after GrainCorp directors urged shareholders accept a $3 billion offer.

Tags: food closer giant takeover

 

ADM Lodges Recommended Offer Documents for GrainCorp

2013-06-24 03:07:55| Agriculture - Topix.net

The GrainCorp Board has unanimously recommended shareholders accept the offer, in the absence of a superior offer.

Tags: offer documents recommended adm

 

GrainCorp suitor quizzed on past

2013-06-19 14:17:11| Agriculture - Topix.net

The US agribusiness giant Archer Daniels Midland has been forced to confront a history of alleged price-fixing and market-rigging as its seeks to win regulatory approval for its controversial takeover of GrainCorp ADM has encountered intense questioning from a Senate estimates committee amid concerns that the $3 billion deal would put a foreign ... (more)

Tags: past suitor quizzed graincorp

 

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