date:Nov 29, 2013
According to the Australian, Hockey said the $3.4 billion takeover was not in the nations best interest, but he would allow ADM to increase its holding from 19.85 percent to up to 24.9 percent, upon further applications.
He said GrainCorps network of more than 280 grain storage facilities and seven out of 10 grain port terminals in the eastern states makes it a significant market player.
Given that the transition towards more robust competition continues and a more competitive network is still