Current location：home page > Food News

ADM gets second takeover rejection from GrainCorp

admin2 days agoFood News6

GrainCorp has snuffed Archer Daniels Midland's (ADM) second, higher takeover bid saying that it stil…

GrainCorp has snuffed Archer Daniels Midland's (ADM) second, higher takeover bid saying that it still “materially undervalues” the business.

The US crop processor submitted its second, higher A$2.81bn ($2.9bn) bid on December 3 after its initial A$2.7bn ($2.8bn) submission on October 19 was rejected.

Today, GrainCorp rejected this sweetened offer.

► Read the full article

标签: GrainCorp ADM grains akeover Australia foreign investment

The previous one：ADM Cocoa launches new intense cocoa powder at Gulfood 2013

Next：PHILIPPINES: Industry looks to boost sustainable coconut oil production

Related articles

McDonald's, not only franchisees, liable in worker complaints

McDonald's, not only franchisees, liable in worker complaints

McDonald's Corp, not just its franchisees, can be held liable in complaints that the company violate…

Burger King in talks to buy Canada's Tim Hortons

Burger King is in talks to acquire Canadian coffee and doughnut chain Tim Hortons Inc in a deal that…

McDonald's shareholders approve chain's executive compensation

McDonald's shareholders approve chain's executive compensation

McDonald's Corp (MCD.N) shareholders on Thursday overwhelmingly approved an advisory measure on exec…

Fresh or chilled asparagus account for half of Peru's air shipments

According to the Peruvian Foreign Trade Society (Comex Peru), Peru exported 74,774 tons of agricultu…

McDonald's, Taco Bell, KFC laggards in U.S. fast-food survey

Fast-food titans McDonald's, Taco Bell and KFC are conquering the globe, but they are losing to the…

'Healthy' positioning changing the ice cream, frozen desserts market

Considering that 90% of all U.S. households purchase frozen desserts the consumption of these produc…