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GrainCorp suitor Archer Daniels Midland on charm offensive to secure regulatory approval

2013-06-12 08:02:24| Agriculture - Topix.net

US agribusiness giant Archer Daniels Midland is intensifying its campaign to win regulatory approval for its controversial takeover of Australia's GrainCorp. The $3 billion deal struck in April needs the national interest tick from the Foreign Investment Review Board, but there are concerns that foreign interests could soon have a stranglehold on ... (more)

Tags: secure approval regulatory offensive

 

UPDATE 1-Australian grain crop puts ADM target GrainCorp under pressure

2013-05-16 09:46:36| Agriculture - Topix.net

Australia's GrainCorp, which is being taken over by U.S. agribusiness giant Archer Daniels Midland Co, faces pressure on near-term results from lower grain production, after posting an 11 percent fall in adjusted first-half profit.

Tags: update target pressure puts

 
 

S&P sees long-term benefit for ADM from GrainCorp deal

2013-05-04 12:49:28| Food - Topix.net

Standard & Poor's Ratings Services said on Friday that Archer Daniels Midland Co.'s planned A$3.0 billion acquisition of Australia's GrainCorp Ltd should yield benefits for the U.S. agribusiness company in the coming years.

Tags: deal benefit sees adm

 

S&P sees long-term benefit for ADM from GrainCorp deal

2013-05-04 03:34:51| Agriculture - Topix.net

Standard & Poor's Ratings Services said on Friday that Archer Daniels Midland Co.'s planned A$3.0 billion acquisition of Australia's GrainCorp Ltd should yield benefits for the U.S. agribusiness company in the coming years.

Tags: deal benefit sees adm

 

UPDATE 3-ADM advances GrainCorp bid; quarterly earnings drop

2013-05-02 08:19:39| Food - Topix.net

Archer Daniels Midland Co defended its plan to buy Australia's GrainCorp Ltd for A$3.0 billion , promising the grain handler was a good fit to help feed growing markets in Asia and the Middle East.

Tags: update drop bid quarterly

 

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