Monday, October 22, 2012

Graincorp takeover by Archer Daniels Midland

Indicative, Non-binding proposal. Offer price is $11.75. Owns 14.9% already through derivatives contracts.

Subject to due diligence, exclusivity and approval by ADM board.

Currently trading at $12.41.

5.61% above the terms.

No touching this one yet.



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