US food processing giant Archer Daniels Midland (ADM) has had its second takeover knockback from Australia's GrainCorp in a month.The grains marketer said it had rejected ADM's sweetened offer of $2.78 billion as it materially undervalued the company.
13/12/2012 - 14:02
GrainCorp says no to ADM's sweetened offer
13/12/2012 - 14:02