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GrainCorp rejection tarnishes Australia's "open for business" sign

2013-12-01 23:21:20| Agriculture - Topix.net

Australia's "open for business" sign is swinging precariously in the wind after the government blocked a A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland .

Tags: business sign open rejection

 

Australia blocks $3.1 billion US bid for GrainCorp

2013-12-01 19:16:42| Agriculture - Topix.net

Australia on Friday blocked the 3.4 billion Australian dollar takeover bid by U.S. food giant Archer Daniels Midland Co.

Tags: australia bid blocks billion

 
 

GrainCorp decision a 'terrible message'

2013-12-01 03:34:14| Food - Topix.net

Influential trade union leader Paul Howes says the era of ``ma and pa farming'' in Australia needs to end if the nation is to position itself as the food bowl of Asia.

Tags: message decision terrible graincorp

 

ADM Mulls Share Buyback, Other Deals After GrainCorp Bid Fails

2013-11-30 15:29:30| Agriculture - Topix.net

Archer-Daniels-Midland Co.' s failure to win Australian approval to buy GrainCorp Ltd. opens the door for share buybacks, bigger dividends or other acquisitions as the company reviews how to use about $3.5 billion in cash.

Tags: share deals bid fails

 

Business blasts Hockey GrainCorp ban

2013-11-30 11:15:00| Agriculture - Topix.net

Business leaders claim Treasurer Joe Hockey has put billions of dollars of investment in agriculture at risk by blocking the overseas takeover of GrainCorp in a move that has angered many in the Liberal Party.

Tags: business ban hockey blasts

 

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