World Grain - January 2019 - 11

GrainCorp wants more information
on potential takeover bid
SYDNEY, AUSTRALIA - GrainCorp
Ltd. is waiting for a "more certain proposal" from Long-Term Asset Partners
(LTAP) before it moves forward with
recommending a potential deal to its
shareholders, Graham Bradley, chairman of GrainCorp, noted in a Dec. 19
letter to shareholders.
GrainCorp earlier in December said
it was in the midst of reviewing a potential takeover bid from LTAP that
included an acquisition via a scheme
of arrangement, of 100% of the shares
in GrainCorp for cash consideration of
A$10.42 per share. LTAP is an asset
PDQDJHUIRUDWUXVWZKRVHEHQH¿FLDULHV
are Australian investors.
"GrainCorp is providing LTAP due
GLOLJHQFHXQGHUWKHWHUPVRIFRQ¿GHQtiality to enable LTAP to determine
ZKHWKHU /7$3 DQG LWV ¿QDQFLHUV FDQ
put forward a more certain proposal,"
Bradley noted in the letter. "The LTAP
SURSRVDODWWKLVVWDJHLVQRWVXI¿FLHQWO\
certain or in a form which would allow
the board to make a recommendation
to shareholders."
Bradley said GrainCorp's board's
focus is on maximizing value for all
shareholders.
"We will consider the merits of any
¿QDO/7$3SURSRVDOFDUHIXOO\WRGHWHUmine whether it is in the best interests of
shareholders," he said. "Accordingly,
we are seeking additional information
IURP/7$3RQLWVORQJHUWHUP¿QDQFLQJ
plan and intentions."
Bradley cautioned that there is no
guarantee that GrainCorp's engagement with LTAP will result in a binding proposal for GrainCorp, what the
terms of any such proposal would be,
or whether it would be recommended
by the company's board.
Additionally, Bradley noted that
the proposal on the table from LTAP
is just one of several potential strategic initiatives under evaluation as part
of GrainCorp's ongoing review of
its assets.
Bradley said GrainCorp expects
to share the results of its review at or
before the company's annual general
meeting scheduled for Feb. 20.
www.World-Grain.com / World Grain / January 2019

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World Grain - January 2019

Table of Contents for the Digital Edition of World Grain - January 2019

World Grain - January 2019
Contents
FROM THE EDITOR - A time for action against climate change
CALENDAR OF EVENTS
News review - Bunge CEO to step down
COFCO joins effort to digitize ag trading
GrainCorp wants more information on potential takeover bid
E.U. political agreement formed to create fair trading practices
Viterra acquires Saskatchewan grain terminal
Dong named CEO of COFCO International
Cargill income dips 20% in second quarter
AFIA’s Newman to retire at the end of 2019
Australia’s winter crop production estimated to plummet 23%
GrainsConnect Canada to partner in Fraser Grain Terminal
GRAIN MARKET REVIEW - COARSE GRAINS
COUNTRY FOCUS - ROMANIA
FEATURE: WORLD’S LARGEST MILL GETS EVEN BIGGER
FEATURE: TRADE WAR’S IMPACT ON GRAIN SHIPPING
FEATURE: ORGANIC GRAIN DEMAND GROWING RAPIDLY
FEATURE: NEW ERA OF AGRICULTURE IN BELARUS
FEATURE: WHAT WILL RUSSIA DO NEXT?
FEATURE: MILLING MODEL FOR A NEW CENTURY
FEATURE: WHEAT CONSUMPTION RISING IN AFRICA
FEATURE: WORLD FLOUR EXPORTS REMAIN STEADY
FEATURE: BRAZIL DRYNESS NOT ENOUGH TO RATTLE MARKET
FEATURE: WIN THE BATTLE AGAINST STORED PRODUCT PESTS
SUPPLIER NEWS
PRODUCT SHOWCASE
WORLD GRAIN ARCHIVE
ADVERTISER INDEX
World Grain - January 2019 - World Grain - January 2019
World Grain - January 2019 - World Grain - January 2019
World Grain - January 2019 - 2
World Grain - January 2019 - 3
World Grain - January 2019 - 4
World Grain - January 2019 - Contents
World Grain - January 2019 - FROM THE EDITOR - A time for action against climate change
World Grain - January 2019 - 7
World Grain - January 2019 - CALENDAR OF EVENTS
World Grain - January 2019 - 9
World Grain - January 2019 - COFCO joins effort to digitize ag trading
World Grain - January 2019 - E.U. political agreement formed to create fair trading practices
World Grain - January 2019 - 12
World Grain - January 2019 - Cargill income dips 20% in second quarter
World Grain - January 2019 - 14
World Grain - January 2019 - GrainsConnect Canada to partner in Fraser Grain Terminal
World Grain - January 2019 - 16
World Grain - January 2019 - 17
World Grain - January 2019 - GRAIN MARKET REVIEW - COARSE GRAINS
World Grain - January 2019 - 19
World Grain - January 2019 - COUNTRY FOCUS - ROMANIA
World Grain - January 2019 - 21
World Grain - January 2019 - 22
World Grain - January 2019 - 23
World Grain - January 2019 - FEATURE: WORLD’S LARGEST MILL GETS EVEN BIGGER
World Grain - January 2019 - 25
World Grain - January 2019 - 26
World Grain - January 2019 - 27
World Grain - January 2019 - 28
World Grain - January 2019 - 29
World Grain - January 2019 - FEATURE: TRADE WAR’S IMPACT ON GRAIN SHIPPING
World Grain - January 2019 - 31
World Grain - January 2019 - 32
World Grain - January 2019 - 33
World Grain - January 2019 - 34
World Grain - January 2019 - 35
World Grain - January 2019 - 36
World Grain - January 2019 - 37
World Grain - January 2019 - FEATURE: ORGANIC GRAIN DEMAND GROWING RAPIDLY
World Grain - January 2019 - 39
World Grain - January 2019 - 40
World Grain - January 2019 - 41
World Grain - January 2019 - 42
World Grain - January 2019 - 43
World Grain - January 2019 - FEATURE: NEW ERA OF AGRICULTURE IN BELARUS
World Grain - January 2019 - 45
World Grain - January 2019 - 46
World Grain - January 2019 - 47
World Grain - January 2019 - 48
World Grain - January 2019 - 49
World Grain - January 2019 - 50
World Grain - January 2019 - 51
World Grain - January 2019 - FEATURE: WHAT WILL RUSSIA DO NEXT?
World Grain - January 2019 - 53
World Grain - January 2019 - 54
World Grain - January 2019 - 55
World Grain - January 2019 - 56
World Grain - January 2019 - 57
World Grain - January 2019 - FEATURE: MILLING MODEL FOR A NEW CENTURY
World Grain - January 2019 - 59
World Grain - January 2019 - 60
World Grain - January 2019 - 61
World Grain - January 2019 - 62
World Grain - January 2019 - 63
World Grain - January 2019 - 64
World Grain - January 2019 - 65
World Grain - January 2019 - FEATURE: WHEAT CONSUMPTION RISING IN AFRICA
World Grain - January 2019 - 67
World Grain - January 2019 - 68
World Grain - January 2019 - 69
World Grain - January 2019 - 70
World Grain - January 2019 - 71
World Grain - January 2019 - FEATURE: WORLD FLOUR EXPORTS REMAIN STEADY
World Grain - January 2019 - 73
World Grain - January 2019 - 74
World Grain - January 2019 - 75
World Grain - January 2019 - FEATURE: BRAZIL DRYNESS NOT ENOUGH TO RATTLE MARKET
World Grain - January 2019 - 77
World Grain - January 2019 - 78
World Grain - January 2019 - 79
World Grain - January 2019 - FEATURE: WIN THE BATTLE AGAINST STORED PRODUCT PESTS
World Grain - January 2019 - 81
World Grain - January 2019 - 82
World Grain - January 2019 - 83
World Grain - January 2019 - SUPPLIER NEWS
World Grain - January 2019 - 85
World Grain - January 2019 - 86
World Grain - January 2019 - 87
World Grain - January 2019 - PRODUCT SHOWCASE
World Grain - January 2019 - WORLD GRAIN ARCHIVE
World Grain - January 2019 - ADVERTISER INDEX
World Grain - January 2019 - 91
World Grain - January 2019 - 92
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http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com