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Moody's considers downgrading ADM following GrainCorp agreement

2013-05-01 12:41:01| Agriculture - Topix.net

Moody's Investors Service on Tuesday placed Archer Daniels Midland Co under review for a ratings downgrade because of the agribusiness company's plan to buy Australian grain handler GrainCorp Ltd for A$3.0 billion .

Tags: agreement considers adm downgrading

 

Farmers want GrainCorp sale inquiry

2013-04-29 10:20:51| Agriculture - Topix.net

The NSW Farmers Association is calling for a federal inquiry into the sale of east coast grain handler GrainCorp to US giant Archer Daniels Midland .

Tags: sale inquiry farmers graincorp

 
 

Thumbs up for GrainCorp takeover by ADM

2013-04-29 05:11:21| Agriculture - Topix.net

The board of Australia's biggest grain handler has given unanimous support to the acquisition by United States grains giant Archer Daniels Midland .

Tags: thumbs adm takeover graincorp

 

ADM set to complete acquisition of Australia's GrainCorp for $2.95bn

2013-04-29 01:00:00| Food Processing Technology

US-based agri-processing company Archer Daniels Midland (ADM) is close to completing the acquisition of Australia's largest grain exporter after GrainCorp accepted its A$2.8bn ($2.95bn) takeover bid.

Tags: set complete acquisition adm

 

ADM, GrainCorp settle in for wait on takeover approval

2013-04-27 06:40:56| Agriculture - Topix.net

Australia's GrainCorp and U.S. suitor Archer Daniels Midland are hunkering down for a long wait for Chinese regulatory approval after agreeing to a A$3 billion takeover deal Friday.

Tags: wait approval settle adm

 

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