ADM revives GrainCorp lobbying

Controversial takeover bid to test coalition's foreign investment stance.

Agribusiness giant Archer Daniels Midland (ADM) has revived political lobbying over its $3 billion takeover bid for GrainCorp (GNC) after keeping a low profile during the federal election campaign, according to The Australian Financial Review.

The contentious takeover bid will prove an early test for incoming treasurer Joe Hockey and the new coalition government's pledge to support foreign investment.

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