date:Apr 27, 2013
Archer Daniels Midland Co. has entered into an agreement to acquire GrainCorp Limited for A$12.20 per share ($12.54) pending the results of a seven-day due diligence period. If the results of the due diligence are satisfactory and ADM moves ahead with the agreement, the total value of the transaction will be approximately A$3.4 billion ($3.5 billion).
We are pleased to have reached agreement with GrainCorp to conduct due diligence and, subject to that due diligence, put a recommended offer befo