News Headline Summary

ADM needs to lift its GrainCorp (GNC AT) offer to gain control, according to analysts at RBS, who add that GrainCorp could fetch AUD 13.97 - AUD 14.33/shr

Analysis details (22:28)

- GrainCorp have mounted a strong defence against ADM's USD 2.7bln takeover proposal by lifting its long-term earnings forecast most recently.
- GrainCorp said yesterday that ADM's offer undervalues the Co.

15 Nov 2012 - 22:25 - Equities - Source: Newswires

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