ADM Announces Package of Additional Commitments for GrainCorp Acquisition

Archer Daniels Midland Company ADM today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited GRCLF. Key elements of that package are: An additional A$200 million investment to strengthen Australian agricultural infrastructure, with specific emphasis on rail enhancement projects; Price caps on grain handling charges at silos and ports; Commitment to grain infrastructure access for growers and third parties; Commitment to “open access” regime for port services; See full press release