Archer Daniels Rated Neutral By Citi After Rejection Of GrainCorp DealMani
Archer Daniels Midland Company (NYSE:ADM) received a Neutral rating from Citi following its Graincorp Ltd (ASX:GNC) (OTCMKTS:GRCLF) dea'sl rejection by the Australian government.
David Driscoll of Citi doesn’t believe ADM would call for a massive share repurchase following the failed deal.
Archer Daniels was to acquire GrainCorp . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible