Japan clears ADM’s proposed acquisition of GrainCorp

by Eric Schroeder
Share This:
Search for similar articles by keyword: [ADM], [Grain Processing]

DECATUR, ILL. — Archer Daniels Midland Co.’s proposed acquisition of GrainCorp Ltd. took another step forward after the Japan Fair Trade Commission approved the transaction. The acquisition now has been cleared by the United States Federal Trade Commission, South Africa’s Competition Commission, Canada’s Competition Bureau and the Australian Competition and Consumer Commission.

ADM said it continues to work with regulators in China, the European Union and South Korea. The company first announced its intent to acquire GrainCorp in late April for $3.5 billion.

Add a Comment
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Baking Business News do not reflect those of Baking Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.