Australia Rejects ADM’s $2B GrainCorp Offer

Australia Rejects ADM’s $2B GrainCorp Offer Play

Nov. 29 (Bloomberg) -- Archer-Daniels-Midland Co.’s A$2.2 billion ($2 billion) takeover of GrainCorp Ltd. was blocked by Australia, prompting a record drop in shares of the east coast’s biggest crop handler and a slide in the local currency. Matthew Campbell reports on Bloomberg Television's "The Pulse." (Source: Bloomberg)

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