A PYMNTS Company

South Korea: GrainCorp buyout cleared, China remains ADM’s last hurdle

By  |  August 7, 2013

Chinese competition regulators remain the only hurdle left in the way of ADM’s buyout of GrainCorp following the news officials in South Korea have approved of the deal. Seven competition regulators have cleared the deal including the European Commission, the US Federal Trade Commissions and officials in Japan, South Africa, Canada, and Australia. Chinese antitrust authorities have become known by some experts as taking particularly longer than international counterparts to clear deals.

Full Content: Fort Mill Times

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.