Japan Clears ADM Acquisition of GrainCorp
DECATUR, Ill. -- July 23, 2013
The Japan Fair Trade Commission today notified Archer Daniels Midland Company
(NYSE: ADM) of its approval of ADM’s proposed acquisition of GrainCorp
Limited. This brings the number of government agencies that have cleared the
acquisition to five. South Africa’s Competition Commission and Canada’s
Competition Bureau cleared the acquisition earlier this month, and the
Australian Competition and Consumer Commission did so in June. The United
States Federal Trade Commission also approved the acquisition last November.
ADM continues to work with regulators in Australia, China, the European Union,
and South Korea.
For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 265 processing plants, 460 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 140 countries. For more information about ADM and its products,
Archer Daniels Midland Company
Jackie Anderson, 217-424-5413
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