Australian Competition And Consumer Commission

GrainCorp's board of directors and the ACCC give the green light to ADM's takeover offer

ADM's GrainCorp takeover in shareholders' hands

By Kacey Culliney

GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.

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