GFM Network News


GrainsConnect Canada, whose terminal under construction at Maymont, Sask., is shown here, plans to open an elevator at Huxley, Alta. in 2019. (GrainsConnect.com)

GrainCorp says offer not certain enough to make recommendation

Reuters — Australia’s GrainCorp Ltd. on Wednesday said it was providing suitor Long-Term Asset Partners (LTAP) due diligence to put forward a more certain proposal. The country’s largest listed bulk grain handler earlier on Dec. 3 received a buyout proposal from little-known asset manager LTAP in an all-cash deal for A$2.38 billion (C$2.303 billion), or […] Read more