ADM Makes Revised Proposal to Acquire GrainCorp Limited for A$12.20 a Share
Linkedin

ADM Makes Revised Proposal to Acquire GrainCorp Limited for A$12.20 a Share

Alexandria : VA : USA | Dec 03, 2012 at 5:05 AM PST
Source: The Motley Fool
XX XX
Views: Pending
 
As of Monday evening Sydney time, ADM held an economic interest in a total of 19.9 percent of GrainCorp shares. Since Oct. 18, ADM had held an economic interest in 14.9 percent of GrainCorp, and on Monday evening ADM acquired an additional 5 percent of GrainCorp's outstanding shares for cash at a price... FULL ARTICLE AT The Motley Fool
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

News Stories

 
  • US offer for Graincorp rises to $2.78b

      Sydney Morning Herald
    The new offer is up from the $2.68 billion Graincorp rejected as too low in November. "The GrainCorp board will review the revised proposal and will advise the market in due course," the company said in a statement on Tuesday. ADM has also increased...
  • DealBook: Archer Daniels Raises Bid for GrainCorp

      The New York Times
    Woertz, the chief executive of the Archer Daniels Midland Company. The Archer Daniels Midland Company raised its offer for GrainCorp of Australia on Monday, valuing the grain processor at about $2.9 billion, as A.D.M. pressed ahead with its...
  • Archer Daniels Midland raises offer for GrainCorp

      Kansas City Star
    GrainCorp by almost 4 percent and disclosed it has already added to its stake in the Australian grain handler.Under the revised deal, it will cost ADM about $2.33 billion to buy the rest of the company.ADM said Monday that it owns 19.9 percent of...

More From Allvoices

Most Commented Reports



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.