Archer Daniels Midland (ADM) confirms it has completed due diligence on GrainCorp (GRCLF.PK) and...

|About: Archer Daniels Midland Co. (ADM)|By:, SA News Editor

Archer Daniels Midland (ADM) confirms it has completed due diligence on GrainCorp (GRCLF.PK) and intends to make a cash offer to acquire the company for A$12.20/share under the terms of the takeover bid signed last week.