Thursday, 3 April 2014

China's COFCO to acquire 51% of agri-firm Noble

FARM NEWS
China's COFCO to acquire 51% of agri-firm Noble
Beijing (AFP) April 02, 2014 - China's state-owned grain giant COFCO is to take a majority stake in the agricultural commodities subsidiary of Hong Kong-based Noble Group, the firms said Wednesday, in its latest global acquisition. Noble Agri will become a joint venture between the two, with a consortium of international investors taking part in the all-cash deal alongside COFCO. The exact purchase price was not divul ... more


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