Tag: ADM

ADM Sells Stake in GrainCorp

ADM has sold its stake in GrainCorp — the Australian parent company of Canada Malting and new Canadian joint venture GrainsConnect. The deal sees ADM sell its 19.9 percent ownership in Australia’s largest grain company to Swiss underwriters UBS for A$387 million (approximately C$380 million). “This transaction will allow us to further reduce our invested… Read more »