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Follow on Google News | Blog DigitalOlympus.com Discusses Article On Archer Daniels Midland’s Due DiligenceFollowing a recent Fox Business article on Archer Daniels Midland’s due diligence on GrainCorp, news and technology blog DigitalOlympus.com commented on the situation.
By: Fernando McDonald According to the Fox Business piece, “Archer Daniels Midland Co. (ADM) has signed a takeover bid implementation deed with GrainCorp Ltd. (GNC.AU), under which it has agreed to make a cash offer of A$12.20 a share to acquire the Australian company after it conducts due diligence.” Responding to the Fox Business (http://www.foxbusiness.com/ After undertaking due diligence on GrainCorp Ltd. for seven days, the findings of ADM’s investigation will be the basis for deciding whether the potential sweetened takeover bid will proceed or not. It’s important to note that this is Archer Daniels Midland’s third attempt to secure the Australian leading agribusiness dealer since last October. “The investigations (http://www.nardelloandco.com/ In light of the latest developments in the GrainCorp acquisition saga, Cole advised companies to employ third party professionals when facing similar situations. “At Digital Olympus we urge business leaders to work with due diligence (http://www.nardelloandco.com/ The Fox Business article on ADM’s due diligence on GrainCorp concluded by stating that if the takeover bid were to proceed, the addition of GrainCorp to Archer Daniels Midland’s global network would complement the company’s strategy to connect growers in Australia with growing global demand for crops in both Asia and the Middle East. As a news and technology blog, DigitalOlympus.com is committed to promoting the adoption of business intelligence (http://www.nardelloandco.com/ About DigitalOlympus.com Digitalolympus.com is a news blog dedicated to educating its readers on the latest technology advances. They are committed to gathering information on up and coming technologies that will enhance the lives of their readership. Digitalolympus.com is always at the forefront of technology news and events guiding its readers to accurately determine the best course of action for themselves and their businesses. End
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