ADM Announces Package of Additional Commitments for GrainCorp Acquisition

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Archer Daniels Midland Company
ADM
today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited
GRCLF
. Key elements of that package are: An additional A$200 million investment to strengthen Australian agricultural infrastructure, with specific emphasis on rail enhancement projects; Price caps on grain handling charges at silos and ports; Commitment to grain infrastructure access for growers and third parties; Commitment to “open access” regime for port services;
See full press release
Posted In: NewsGuidanceContractsBuybacksManagementM&AGlobal
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