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[posting]43541219[/posting]Übernahmeangebot? Das kommt nicht ganz überraschend. Mal schauen, ob sich eine Übernahme überhaupt durchsetzen ließe. Jedenfalls dürfte ein netter Kursaufschlag kommen, sobald die Aktie wieder gehandelt wird. ADM Buys Addl. Stake In Australia's GrainCorp, Plans Takeover Talks CANBERA (dpa-AFX) - Grain processor Archer Daniels Midland Co. (ADM) said Friday that it has acquired an additional 10 percent stake in Australia-based GrainCorp Ltd. (GRCLF.PK) for A$11.75 per share, raising its total stake in the grain handler to 14.9 percent. Decatur, Illinois-based ADM also said it intends to work with GrainCorp to arrive at an acquisition agreement that will align with its strategy of investing in key supply regions outside the U.S. ADM already has a presence in Australia through its holding of an 80 percent stake in smaller grain handler Toepfer International. ADM said that on Thursday evening, it acquired an additional 10 percent economic interest in GrainCorp for A$11.75 per share. The purchase price represents a 33 percent premium to GrainCorp.'s closing stock price on Thursday of A$8.85 per share. Patricia Woertz, Chairman and CEO of ADM said, 'Our investment in GrainCorp is part of our ongoing portfolio management and is consistent with our strategy of growing our Agricultural Services and Oilseeds businesses by investing in key supply regions outside the United States.' Woertz added, 'We anticipate that an ADM acquisition of GrainCorp would meet ADM's key financial hurdles.' ADM noted that together, GrainCorp and ADM would be better positioned to connect Australia's farmers with growing demand for crops and food, particularly in Asia and the Middle East. Earlier in the day, GrainCorp requested to the Australian stock exchange that its shares be placed in a trading halt from Friday until the opening of trading on Tuesday, October 23. GrainCorp said ADM has informed that it wished to hold talks with the company regarding a 'potential transaction'. However,GrainCorp added that it has not received any formal proposal. GrainCorp said in a statement, 'Should GrainCorp receive a proposal from ADM, the Board will review the proposal as well as other options to maximize value for GrainCorp shareholders.' GrainCorp, which owns about half of the grain-storage facilities in Eastern Australia, boasts a total grain storage capacity of up to 20 million tonnes. The company has a market capitalization of A$1.75 billion. In late July, ADM reported a more than 25 percent decline in profit for the fourth quarter, as revenues were little changed amid lower U.S. merchandising results, a decline in U.S. crop supplies and negative ethanol margins. In Friday's regular session, ADM is trading at $28.88, down $0.19 or 0.65 percent on a volume of 1.34 million shares. |
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| aus der Diskussion: | Graincorp - australischer Getreidekonzern |
| Autor (Datum des Eintrages): | mr.lukoil (21.10.12 00:09:50) |
| Beitrag: | 9 von 50 (ID:43734565) |
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