DECATUR, Ill.--(BUSINESS WIRE)--The Competition Commission of South Africa today notified Archer Daniels
Midland Company (NYSE: ADM) of its approval of ADM’s proposed
acquisition of GrainCorp Limited. This brings the number of government
agencies that have cleared the acquisition to four. Canada’s Competition
Bureau cleared the acquisition last week, and the Australian Competition
and Consumer Commission did so in June. The United States Federal Trade
Commission also approved the acquisition last November. ADM continues to
work with regulators in Australia, China, the European Union, Japan and
South Korea.
About ADM
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve vital needs.
Today, 30,000 ADM employees around the globe convert oilseeds, corn,
wheat and cocoa into products for food, animal feed, industrial and
energy uses. With more than 265 processing plants, 460 crop procurement
facilities, and the world’s premier crop transportation network, ADM
helps connect the harvest to the home in more than 140 countries. For
more information about ADM and its products, visit www.adm.com.
Archer Daniels Midland Company
Media Relations
Jackie Anderson, 217-424-5413
media@adm.com