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Australia surprises with rejection of $2.55 billion GrainCorp takeover by ADM

2013-11-29 01:33:17| Agriculture - Topix.net

The deal had been seen as the first test of the conservative government's vow that Australia was "open for business" after the victory of Tony Abbott's Liberal Party in elections in September.

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Australia surprises with rejection of $2.55 billion GrainCorp takeover by ADM

2013-11-29 01:33:16| Agriculture - Topix.net

Australia rejected the A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland on Friday, bowing to pressure from grain growers in a rare and surprising decision.

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Australia rejects ADM's proposed GrainCorp buyout

2013-11-29 01:23:19| Food - Topix.net

The Australian government has rejected Archer Daniels Midland Co.' s bid to acquire grain handler GrainCorp Ltd, saying the proposed buyout would be contrary to the national interest.

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Australia opposes ADM's A$3.4bn Graincorp takeover deal

2013-11-29 01:00:00| Food Processing Technology

The Australian Government has rejected US-based Archer Daniels Midland's (ADM) proposed takeover of grain handler GrainCorp in a deal which was valued at A$3.4bn ($3.1bn).

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Australia opposes ADM's A$3.4bn Graincorp takeover deal

2013-11-29 01:00:00| Food Processing Technology

The Australian Government has rejected US-based Archer Daniels Midland's (ADM) proposed takeover of grain handler GrainCorp in a deal which was valued at A$3.4bn ($3.1bn).

Tags: australia deal takeover opposes

 

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