DataRoom AM: ADM salvo

Joe Hockey faces pressure from all sides on GrainCorp, while Freelancer.com demand signals froth in the IPO market.

Joe Hockey has warned anyone trying to influence his decision on the proposed takeover of grains handler GrainCorp to back off. But were his comments largely directed to his National party colleagues within the Coalition or to GrainCorp’s suitor?

Meanwhile, the buzz around the Freelancer.com float refuses to die down, Fonterra makes an Aussie dairy play that has no ties to Warrnambool Cheese and Butter and James Packer edges closer to a Japanese entrance.

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