GrainCorp Rejects $3 Billion Bid
GrainCorp Ltd., the largest grain handler in eastern Australia, rejected Archer-Daniels-Midland Co.’s higher A$2.8 billion ($3 billion) bid as too low.
Most Recent Videos
Implications of Brexit
11:54 - Britain risks losing its influence on the global stage if it votes to leave the European Union in June, business leaders warned. Publicis Groupe SA Chairman Maurice Levy, former Italian prime minister, Mario Monti, and Confederation of British Industry head Carolyn Fairbairn, making the case for Britain to remain in the EU in a Bloomberg Television panel discussion, stressed that leaving would cost the country access to the single market and the opportunity to shape decisions within the bloc. Making the case for a an exit, former U.K. finance ministers, Nigel Lawson and Norman Lamont, and founder and managing partner of Better Capital, John Moulton, argued freedom from EU regulation would be a risk worth taking and prove beneficial in the longer-term.