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Stock impact report

UPDATE 2-ADM has made takeover approach to Bunge -WSJ [Reuters (UK)]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: Reuters
ADM has made takeover approach to Bunge: WSJ | Reuters 2 Min Read (Reuters) - Agricultural processing and trading company Archer Daniels Midland Co ( ADM.N ) has proposed a takeover of Bunge Ltd ( BG.N ), the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc ( GLEN.L ). Bunge and other top grains traders - who make money by buying, selling, storing, shipping and trading crops - are struggling to adapt to a world of oversupply. ADM said it does not comment on “rumors or speculation,” while Bunge was not immediately available for comment. Glencore last year sought a tie-up with grains trader Bunge in what was taken as the starting signal of a wave of consolidation and partnering in the industry. Bunge rebuffed Glencore last year, and the two struck an agreement that temporarily prevents Glencore from making a hostile bid, according to news media reports. The Journal quoted unnamed sources are saying that ADM ha Show less Read more
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