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Australia surprises with rejection of $2.55 billion GrainCorp takeover by ADM

2013-11-29 01:33:16| Agriculture - Topix.net

Australia rejected the A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland on Friday, bowing to pressure from grain growers in a rare and surprising decision.

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