The US crop processor submitted its second, higher A$2.81bn ($2.9bn) bid on December 3 after its initial A$2.7bn ($2.8bn) submission on October 19 was rejected.
Today, GrainCorp rejected this sweetened offer.
GrainCorp has snuffed Archer Daniels Midland's (ADM) second, higher takeover bid saying that it still “materially undervalues” the business.
The US crop processor submitted its second, higher A$2.81bn ($2.9bn) bid on December 3 after its initial A$2.7bn ($2.8bn) submission on October 19 was rejected.
Today, GrainCorp rejected this sweetened offer.
The US crop processor submitted its second, higher A$2.81bn ($2.9bn) bid on December 3 after its initial A$2.7bn ($2.8bn) submission on October 19 was rejected.
Today, GrainCorp rejected this sweetened offer.
