Food & Beverage M&A » By The Online Investor Staff, updated Mon., Mar. 8, 2:17 PM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #75. Archer Daniels Midland Company — GrainCorp Limited
Acquirer:
Archer Daniels Midland Company (NYSE:ADM)
Acquiree:
GrainCorp Limited
Details:
Archer Daniels Midland Company (NYSE:ADM) announced today that it has completed due diligence on GrainCorp Limited (ASX: GNC) and intends to make a cash offer to acquire the outstanding common shares of the company for A$12.20 per share under the terms of the takeover bid implementation deed signed with GrainCorp last week.
Archer Daniels Midland is a human and animal nutrition and an agricultural origination and processing company. Co.'s segments include: Ag Services and Oilseeds, which includes activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds into vegetable oils and protein meals; Carbohydrate Solutions, which is engaged in corn and wheat wet and dry milling and other activities; and Nutrition, which engages in the manufacturing, sale, and distribution of an array of products including plant-based proteins, natural flavor ingredients, and flavor systems.
Archer Daniels Midland SEC Filing Email Alerts Service
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Avg. Broker Rec.
 
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Strong Buy (3.56 out of 4) 62nd percentile
(ranked higher than approx. 62% of all stocks covered)
Analysts' Target Price: ADM Stock Forecast Based on Zacks ABR data; powered by Xignite |
