Australian government rejects GrainCorp takeover
date:Nov 29, 2013
appointment with the government's decision, arguing that its offer would have been valuable for Australia's economy and producers.

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 Australias best interests
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