- Market Realist•3 days ago
Archer Daniels Midland is selling its stake to focus on long-term growth and to reuse the cash on investments that can give a high return on investment.
- Financial Times•3 days ago
Archer Daniels Midland, the US-based agricultural commodities merchant, has sold its 19.9 per cent stake in Australian counterpart GrainCorp, abandoning a company it once sought to own in full. ADM initially ...
- Reuters•3 days ago
U.S. agricultural commodities trader Archer Daniels Midland Co (ADM.N) has sold its 19.9 percent stake in GrainCorp Ltd (GNC.AX) to underwriters UBS just three years after a failed bid to wholly acquire the Australian grain handler, ADM said on Thursday. ADM's A$2.8 billion bid to buy Australia's largest listed grain handler was blocked by government regulators in 2013 near the peak of a grain market boom. ADM had been shopping its GrainCorp stake this year, but was unable to find a buyer for the entire stake and canceled the sale process in July 2016, sources said.
ADM : Summary for Archer-Daniels-Midland Company - Yahoo Finance
Archer-Daniels-Midland Company (ADM)
NYSE - NYSE Delayed Price. Currency in USD
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|Bid||43.58 x 200|
|Ask||44.65 x 100|
|Day's Range||43.92 - 44.74|
|52 Week Range||29.86 - 47.88|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||16.63|
|Dividend & Yield||1.20 (2.73%)|
|1y Target Est||N/A|