Brace for foreign buying wave: Greenhill

Global chief of Greenhill suggests GrainCorp veto gave a virtual green light for every other deal.

When Joe Hockey hit the kill switch on the $3.4 billion Archer Daniels Midland bid for GrainCorp in December last year, it sparked a range of different reactions in the Australian business community.

There was a mixture of jubilation and outrage depending on which side of the foreign investment debate you were on.

Cooler heads in some investment banks, however, were sensing opportunity.


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