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ADM to Expand Sweeteners, Starches Production in Europe
Dec 15, 2016Archer Daniels Midland Company (ADM) has announced plans to expand its production capacity of sweeteners and starches at its facilities in Turkey and Bulgaria to meet regional and global demand. The American global food processing company ...
Tags: ADM, food processing
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ADM Proposed Acquisition of Grain Handler Graincorp Rejects by The Australian Government
Dec 2, 2013US-based Archer Daniels Midland's (ADM) proposed acquisition of grain handler GrainCorp for A$3.4bn ($3.1bn) has been rejected by the Australian Government over concerns that the deal would go against the national interest. The move comes ...
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ADM Announces Package of Additional Commitments About Acquisition of Graincorp Limited
Nov 28, 2013Archer Daniels Midland Company today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited. Key elements of that package are: An additional A$200 million investment to strengthen ...
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Australia Extends The Deadline for a Foreign Investment Decision
Oct 10, 2013Australian Treasurer Joe Hockey has extended the deadline for a foreign investment decision on Archer Daniels Midland's (ADM) proposed A$3bn ($2.8bn) take over of grain handler GrainCorp until 17 December. The decision on the deal will be ...
Tags: Graincorp
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Europe Approved ADM Proposed Acquisition of Australian Grain Handler with $2.95bn
Jul 31, 2013The European Commission (EC) has approved US-based Archer Daniels Midland's (ADM) proposed acquisition of Australian grain handler and processor GrainCorp for A$2.8bn ($2.95bn). The approval by the EC brings the number of government ...
Tags: European Commission, Graincorp
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Japan Has Cleared Us-Based Adm Proposed Acquisition of Australian Grain Handler
Jul 24, 2013The Japan Fair Trade Commission has cleared US-based Archer Daniels Midland Company’s (ADM) proposed acquisition of Australian grain handler and processor Graincorp. This approval brings the number of government agencies that have ...
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ACCC Will Not Oppose ADM Company's Proposed Acquisition of GrainCorp
Jun 27, 2013The Australian Competition and Consumer Commission will not oppose Archer Daniels Midland Company’s (ADM) proposed acquisition of GrainCorp Limited (GrainCorp). “The ACCC concluded that the proposed acquisition would be ...
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ADM Is in Negotiations to Sell Its Cocoa Business
Jun 24, 2013US-based agri-processing company Archer Daniels Midland (ADM) is in negotiations to sell its cocoa business which is estimated to be worth $2bn, as part of its efforts to focus on its grains portfolio such as corn, and oilseeds, including ...
Tags: ADM, Agriculture&Food, Cocoa Business
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Domestic Economic and Political Uncertainty Has Clearly Impacted Business Confidence
Jun 22, 2013Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
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ADM Is Close to Complete The Acquisition of Australia's Largest Grain Exporter
May 2, 2013US-based agri-processing company Archer Daniels Midland (ADM) is close to complete the acquisition of Australia's largest grain exporter after GrainCorp accepted its A$2.8bn ($2.95bn) takeover bid. Under the terms of the deal, ADM agreed ...
Tags: Archer Daniels Midland, Food
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Sharemarket Drifted in Patchy Trade to Close Marginally Lower as Resources Recover
Apr 27, 2013THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
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Sharemarket Has Closed Slightly Lower Despite Commodity Stocks Staging a Comeback
Apr 27, 2013The sharemarket has closed slightly lower despite commodity stocks staging a comeback. The benchmark S&P/ASX200 index was down 4.9 points, or 0.1 per cent, at 5097.5 points. The broader All Ordinaries index was down 1.5 points, or 0.03 ...
Tags: Stocks, Commodity Comeback
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Stockmarket Has Opened Slightly Higher
Apr 27, 2013The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
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Bankers Hope Deals Will Come to Market and Lift Volumes After The Acquisitions Last Year
Mar 20, 2013After the quietest year for mergers and acquisitions last year since the global financial crisis, bankers and lawyers are hoping deals in their pipelines will soon come to market and lift volumes. However, activity this year is down more ...
Tags: financial, Australian dollar, dollar
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The Ten Most-Read News Stories of 2012 Include UK Grocers Signing a Code of Conduct
Dec 20, 2012It's the time of the year when we look back at the 12 months just past to see what was getting you clicking on just-food. The ten most-read news stories of 2012 include UK grocers signing a code of conduct on promos and Tesco announcing it ...