Graincorp (GNC) have recommended the take over offer from Archer Daniels at $13.20 a share

James Marlay

Graincorp (GNC) have recommended the take over offer from Archer Daniels at $13.20 a share. Management are holding a breifing for investors this morning at 11:30 to go through the updated target statement. Grant Samuel has declared the offer Fair and Reasonable and in the absence of a superior offer it looks like this one is going to go through. The presentation will be available live on the following link (VIEW LINK)


About this contributor

James Marlay

James Marlay

Co Founder, Livewire Markets

I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.

Expertise

Comments

Please sign in to comment on this wire.