MP3: Senate grills ADM on GrainCorp takeover

18.06.2013

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Senate grills ADM on GrainCorp takeover MP3

The US agribusiness giant Archer Daniels Midland has been forced to confront a history of alleged price fixing and market-rigging as its seeks to win regulatory approval for its controversial takeover of GrainCorp. ADM has encountered intense questioning from a senate estimates committee amid concerns that the $3 billion deal would put a foreign stranglehold on grain storage and infrastructure. Source: abc.net.au

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