Ultime notizie per Graincorp (OTC:GRCLF) Azioni

GrainCorp is an agribusiness with an integrated business model operating across three divisions. The company operates the largest grain storage and logistics network in eastern Australia. GrainCorp provides grain marketing services to all major grain-producing regions in Australia, as well as to Canadian and UK growers. The company has also diversified into edible oil refining and supply and bulk liquid storage.

Graincorp Ltd

Archer Daniels Midland Company (NYSE: <a class="ticker" href="/stock/adm#NYSE">ADM</a>) notes today's announcement by 
 the Australian Federal Treasurer that he has made an order prohibiting 
 ADM's proposed acquisition of GrainCorp Limited (OTC: <a class="ticker" href="/stock/grclf#OTC">GRCLF</a>).
 “We are disappointed by this decision. We are confident that our 
 acquisition of GrainCorp would have created value for shareholders of 
 ADM and GrainCorp, as well as grain growers and the Australian economy,” 
 said ADM Chairman and CEO Patricia Woertz.
 “Throughout this process, we worked constructively to create an 
 arrangement that would be in Australia's best interests and made 
 substantial commitments to address issues that were important to 
 stakeholders,” she said. Woertz confirmed there were no conditions or 
 undertakings requested
 <a href="http://www.benzinga.com/pressreleases/13/11/b4116163/adm-statement-on-rejection-of-its-application-to-acquire-graincorp">See full press release</a>

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ADM Responds to Australian Federal Treasurer Rejection of Its Application to Acquire GrainCorp 

Archer Daniels Midland Company (NYSE: <a class="ticker" href="/stock/adm#NYSE">ADM</a>) today announced a package of 
 additional commitments related to its proposed acquisition of GrainCorp 
 Limited (OTC: <a class="ticker" href="/stock/grclf#OTC">GRCLF</a>). Key elements of that package are:
 An additional A$200 million investment to strengthen Australian 
 agricultural infrastructure, with specific emphasis on rail 
 enhancement projects;
 Price caps on grain handling charges at silos and ports;
 Commitment to grain infrastructure access for growers and third 
 parties;
 Commitment to “open access” regime for port services;
 <a href="http://www.benzinga.com/">See full press release</a>

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ADM Announces Package of Additional Commitments for GrainCorp Acquisition 

Archer Daniels Midland Company (NYSE: <a class="ticker" href="/stock/adm#NYSE">ADM</a>) spokesperson Jackie Anderson today issued the following statement:
 “We note GrainCorp's (OTC: <a class="ticker" href="/stock/grclf#OTC">GRCLF</a>) response today to our proposal. On Oct. 19, we 
 approached GrainCorp's board with a proposal that represented a 
 significant premium to the prevailing GrainCorp share price at the time 
 of our approach. We believe it remains an attractive proposal.”
 <a href="http://www.benzinga.com/pressreleases/12/11/b3092139/adm-statement-regarding-graincorp-response">See full press release</a>

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