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Tag: graincorp
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.
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.
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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