DECATUR, ILLINOIS, U.S. — The Japan Fair Trade Commission on July 23 notified Archer Daniels Midland Company (ADM) of its approval of ADM’s proposed acquisition of GrainCorp Limited.
This brings the number of government agencies that have cleared the acquisition to five.
South Africa’s Competition Commission and Canada’s Competition Bureau cleared the acquisition earlier this month, and the Australian Competition and Consumer Commission did so in June. The U.S. Federal Trade Commission also approved the acquisition last November.
ADM continues to work with regulators in Australia, China, the E.U. and South Korea.