ADM working to acquire Australian agribusiness GrainCorp

Posted:

Decatur - A deadline is approaching for a large acquisition to acquire Australian agribusiness GrainCorp by Archer Daniels Midland Co.  

 

ADM plans to spend $182 million in Australian agricultural investments. ADM has been working to complete the deal, and has already offered close to $3 billion to make it happen.

 

If the deal is finalized it will be the largest acquisition in ADM's history. The deadline is December 17th.

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