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Gale Cook unloads corn at the headquarters of Archer Daniels Midland in Decatur, Ill., on Sept. 29, 2006. (Kristen Schmid Schurter/New York Times)
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On GrainCorp deal, Archer Daniels Midland has commitment issues
— Financial Times
Published
Last updated
Ever felt like someone you’re dating is messing you around? Archer Daniels Midland’s 19.9 per cent stake in GrainCorp and its takeover offer would seem a solid statement of intent towards the Australian grain handler. On the other hand, the small increase it made last week to its original offer made it look less than fully committed.
