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Archer Daniels Midland (ADM) is a step closer to taking over GrainCorp (GRCLF.PK) after...

Archer Daniels Midland (ADM) is a step closer to taking over GrainCorp (GRCLF.PK) after directors of Australia's largest grains handler urge shareholders accept a $3B offer. Under the deal, shareholders would receive $13.20/share, or ~$0.30 premium on GrainCorp's latest price.
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