CHICAGO Feb 5 Archer Daniels Midland Co
has not communicated with Australia's Graincorp Ltd
since Graincorp rejected a takeover bid in December, ADM's chief
executive officer said on Tuesday.
"There's been no further conversation with them since their
rejection of our last proposal," ADM Chairman and CEO Patricia
Woertz said on an earnings call.
She did not say whether talks had permanently ended.
Graincorp in December rejected a $2.9 billion takeover offer
from ADM as too low but said it remained open to higher offers
and would hold further talks with its U.S. suitor.