Archer Daniels Midland Co (ADM) Key Developments | Reuters.com
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Archer Daniels Midland Co (ADM)

ADM on New York Consolidated

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28 Jun 2016
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Latest Key Developments (Source: Significant Developments)

ADM, GLG Life Tech announce deal to manufacture, market Stevia and Monk Fruit sweeteners
Monday, 6 Jun 2016 07:45am EDT 

ADM : ADM And GLG Life Tech announce new partnership to manufacture, market, sell and distribute low-calorie stevia and monk fruit sweeteners . GLG will produce an extensive array of low-calorie sweeteners made from Stevia and monk fruit .ADM will be exclusive global marketer and distributor of ingredients to food and beverage companies worldwide.  Full Article

ADM acquires full stake in Amazon Flavors
Monday, 16 May 2016 11:45am EDT 

Archer Daniels Midland Co : Had previously owned a 40 percent equity stake in Amazon Flavors .ADM adds to south american ingredient capabilities with full ownership acquisition of Amazon Flavors.  Full Article

Archer Daniels Midland co - Specialty Commodities, Inc. Issues Allergy Alert on Undeclared Cashew Allergen in Dry Roasted Almonds - ENPNWS
Wednesday, 9 Mar 2016 10:16am EST 

Archer Daniels Midland co:Specialty Commodities, Inc., of Fargo, N.D., a subsidiary of Archer Daniels Midland Company , is recalling a specific lot of dry roasted almonds because they may contain undeclared cashews.- ENPNWS.People who have an allergy or severe sensitivity to cashews run the risk of a serious or life-threatening allergic reaction if they consume these products.The recalled dry roasted almonds were distributed to six customers in Arizona, California and Colorado.They were shipped in 25 lb. cartons, marked with lot #1050188-1-16007 on the side of the cardboard cartons.The cartons were distributed to other food production companies for further processing and packaging-they are not distributed directly to consumers for sale in retail outlets.The recalled dry roasted almonds were distributed between January 26, 2016 and February 16, 2016. No illnesses have been reported to date in connection with this problem.  Full Article

Archer Daniels Midland Co announces 7 pct increase in quarterly dividend
Tuesday, 2 Feb 2016 07:00am EST 

Archer Daniels Midland Co:Declared a quarterly cash dividend of $0.30 per share.Dividend is payable on March 8, 2016, to shareholders of record at the close of business on Feb. 16, 2016.  Full Article

Archer Daniels Midland Co announces investment in Medsofts Group
Monday, 14 Dec 2015 07:45am EST 

Archer Daniels Midland Co:Reached an agreement to purchase a 50 percent stake in Cairo-based Medsofts Group.New 50-50 joint venture will own and manage merchandising and supply chain operations.In addition, the joint venture will own a 50 percent share of Nile Stevedoring & Storage Co.Transaction is subject to regulatory approval; ADM is targeting closing the deal in early 2016.  Full Article

Archer Daniels Midland Co names CEO Luciano as chairman of board
Friday, 11 Dec 2015 04:33pm EST 

Archer Daniels Midland Co:Says CEO and President Juan R. Luciano has been named chairman of the company's board of directors, effective Jan. 1, 2016.Luciano succeeds Patricia Woertz.  Full Article

Archer Daniels Midland Co to become a full-function joint venture
Thursday, 10 Dec 2015 09:00am EST 

Archer Daniels Midland Co:Olenex to become a full-function joint venture.Wilmar International announced they have entered agreement whereby olenex will become full-function jv with own assets.Says as part of the agreement, adm will transfer two sites to the new joint venture.Says Wilmar will transfer its tropical oils processing plants in brake, Germany and Rotterdam, The Netherlands.Refined oils and fats from adm's plants in Czech Republic, Germany, Netherlands, Poland, U.K. will be marketed by olenex.Co, Wilmar International announced they have entered agreement whereby olenex will become full-function jv with own assets.Rpt-archer daniels midland- co, wilmar international announced they have entered agreement whereby olenex will become full-function jv with own assets.  Full Article

Archer Daniels Midland Co declares cash dividend
Wednesday, 4 Nov 2015 03:00pm EST 

Archer Daniels Midland Co:Declared a cash dividend of 28.0 cents per share on the company's common stock.Payable Dec. 9, 2015, to Stockholders of record Nov. 18, 2015.  Full Article

Archer Daniels Midland Co says completion of Eaststarch acquisition
Monday, 2 Nov 2015 08:20am EST 

Archer Daniels Midland Co:Has completed the purchase of certain assets of Eaststarch C.V., ADM's 50-50 joint venture with Tate & Lyle.  Full Article

Archer Daniels Midland Co declare cash dividend
Thursday, 6 Aug 2015 10:00am EDT 

Archer Daniels Midland Co:Declared a cash dividend of 28.0 cents per share on the company's common stock.Payable on Sept. 9.Record date as on Aug. 19.  Full Article

Commodities trader ADM to raise stake in Singapore's Wilmar

SINGAPORE, June 15 Commodities trader Archer Daniels Midland Co (ADM) is raising its stake in Singapore's Wilmar International Ltd to about 22 percent for about S$428.8 million ($316.6 million), according to a stock exchange filing.