Monsanto to pay $1.4 billion top acquire Cargill's International Seed Operations

Article Abstract:

Monsanto Co., a biotechnology firm based in St. Louis, MO, is slated to acquire the foreign-seed operations of Cargill Inc. for $1.4 billion, as part of its strategy to combine seed businesses with its operation. The deal will provide the means for Monsanto to easily introduce the genetically-modified crops to dozens of countries outside the US. Cargill, a Minneapolis, MN-based grain processor, has breeding businesses in 24 countries and distributes seed in 51 countries. The deal with Cargill will prove to be beneficial in such areas as Latin America, where it will contend with Pioneer Hi-Bred International.

Comment:

Is slated to acquire foreign-seed operations of Cargill Inc for $1.4 bil

Nursery and Floriculture Production, Seeds, Monsanto Co., Article

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Cargill will buy 56% of Cerestar off Montedison

Article Abstract:

Cargill Inc. has agreed to acquire Montedison SpA's share of Cerestar SA, one of the biggest corn millers in Europe, for $428 million (Euro473 million). The acquisition might indicate the end of the U.S. corn sweetener price wars.

Italy, Foreign operations, France, Commodity & service prices, CHEMICALS AND ALLIED PRODUCTS, Wet corn milling, Flour and other grain mill products, Flour, Flour Milling, Corn Sweeteners, Prices and rates, Food industry, Abstract, Chemical industry, Corn products, Montedison S.p.A., Agricultural processing industry, Sweetener industry, Corn industry, Corn syrup, Flour industry, Cerestar France S.A.

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Cargill enters pact to buy Agribrands for $580 million

Article Abstract:

Cargill Inc. has reached an agreement to acquire Agribrands International Inc. for $580 million. Cargill broke up a proposed merger between Agribrands and Ralcorp Holdings Inc.

Prepared Feeds, Other Animal Food Manufacturing, Prepared feeds, not elsewhere classified, Animal feeding and feeds, Feed industry, Agribrands International Inc., AGX

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