date:Jun 25, 2013
GrainCorp in late April pending the results of a due diligence period.
We believe our offer is highly attractive and in the best interest of shareholders, said Patricia Woertz, chairman and chief executive officer of ADM. The independent expert has assessed the proposal and concluded that it is fair and reasonable, in the absence of a superior proposal.
We also believe ADMs offer will deliver compelling benefits to Australian growers and the agricultural economy through access to new markets,