Showing posts with label Archer Daniel Midland. Show all posts
Showing posts with label Archer Daniel Midland. Show all posts

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.