BREAKFAST DEALS: Wooing GrainCorp

Will Archer Daniels Midland's upped offer seduce Graincorp? Meanwhile, Sundance suffers another setback.

GrainCorp suitor Archer Daniels Midland has sweetened its offer and tweaked some details to bring Alison Watkins to the table, but will it be enough? Sundance Resources is back in a trading halt as yet more problems emerge with the Hanlong Mining deal, just when it was looking good too. Meanwhile, Woodside Petroleum is chancing its arm in Israel, News Corp has revealed some crucial appointments for its separation and another possible consequence of talks between Delta Air Lines and Singapore Airlines over Virgin Atlantic has emerged.

GrainCorp, Archer Daniels Midland

US agribusiness giant Archer Daniels Midland has increased its conditional offer for GrainCorp and boosted its stake in the highly valued target.

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