A PYMNTS Company

US: Cargill continues grain spree with look into ADMs cocoa branch

By  |  July 3, 2013
US: Cargill continues grain spree with look into ADMs cocoa branch

Cargill is reportedly looking into acquiring the cocoa business of Archer Daniels Midland, said a source, though information was not disclosed over whether Cargill had already made a bid for the company. The cocoa business is worked about $2 billion. While the reports have not been confirmed by the parties, the deal would continue Cargill’s trend into the grain industry following the company’s recent buyout of GrainCorp, based in Australia, for $3 billion.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Jakarta Globe

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.