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Cargill Just Abruptly Abandoned Its Bidding Plan for Nutreco

2014-12-23 17:17:45| Food - Topix.net

Cargill Inc. on Tuesday, Dec. 23, bowed out of the running for Dutch animal feed maker Nutreco NV , leaving Dutch investment firm SHV NV free to complete its agreed a 3 billion takeover. "Cargill has concluded it will no longer pursue an acquisition of Nutreco," the Minneapolis-based company said.

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