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>> GRAINCORP Latest News

NOV 06, 2013 - TheStreet

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The Deal: Australian Government Officials at Odds Over GrainCorp Deal

NEW YORK (The Deal) -- Archer Daniels Midland faces a nervous wait to discover if its A$3.4 billion ($3.24 billion) deal for Australia's GrainCorp will win Treasury approval next month, as government infighting over the acquisition this week spilled out into the public domain.  The fault lines were laid bare Wednesday, Nov. 6, when Australia's Treasurer Joe Hockey told a press conference that he will "not be bullied or intimidated by anyone" as he ponders whether to approve the deal. A decision is due by Dec. 17.  Hockey, who is part of the pro-market Liberal Party, did not name ... Read More

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