Australia says no to US acquisition of GrainCorp

The Australian government rejected yesterday the A$3.4 billion (HK$24 billion) sale of GrainCorp to American agribusiness giant Archer Daniels Midland, saying it went against the national interest.

via Business feed http://www.scmp.com/business/companies/article/1368883/australia-says-no-us-acquisition-graincorp