Articles tagged under: GrainCorp
Takeover Bid Made for GrainCorp
Published December 3, 2018
The Australian grain handling company, GrainCorp, has received an unsolicited takeover bid of $1.7 billion. An investment firm called Long-Term Asset Partners is making the offer. The Australian government blocked a similar proposal from Archer Daniels Midland in 2013. The…Dry Conditions Impact GrainCorp Financials
Published May 11, 2018
For the first six months of its fiscal year, the Australian-based GrainCorp had net profits of $27 million. That’s down from $68 million last year. The grain handling company was hurt by a 40 percent decline in crop production for…