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Cargill Welcomes Clearance from European Commission for Purchase of ADM's Chocolate Business
2015-07-24 12:31:06| Industrial Newsroom - All News for Today
AMSTERDAM The European Commission has granted conditional clearance for Cargill to acquire Archer Daniels Midland's (NYSE: ADM) chocolate business in Europe. Together with the approvals granted earlier by the US Department of Justice, this completes the regulatory approval process for the global deal. "The...
Tags: business
purchase
european
commission
Conditional approval for Cargills acquisition of ADMs Europe chocolate business
2015-07-20 01:00:00| Food Processing Technology
Cargill will formally acquire Archer Daniels Midland's (ADM) chocolate business in Europe following a conditional clearance from the European Commission.
Tags: business
europe
approval
acquisition
Corbion acquires ADM's lactic acid business
2015-04-10 21:48:41| Agriculture - Topix.net
Corbion N.V. has acquired the lactic acid business from Archer Daniels Midland for an undisclosed cash sum, the company said on Friday. The deal, effective March 31 2015, includes the sales and delivery of lactic acid, sodium lactate and potassium lactate products, but does not include production facilities or personnel.
Tags: business
acid
acquires
adms
Olam International strikes 'transformational' deal to acquire ADM's global cocoa business for $1.3bn
2014-12-17 01:44:43| Food - Topix.net
ADM chairman and CEO Patricia Woertz said the deal would allow ADM to "redeploy capital to investments that offer improved returns potential and less volatility than the cocoa business, or distribute excess capital to shareholders, or a combination of both". Olam - a leading supplier of cocoa beans with a significant presence in all major cocoa growing regions except Brazil, processing facilities in Cote d'Ivoire and Nigeria, and value-added processing facilities in Spain and the UK - said the deal would catapult it into third place in the global cocoa business behind Barry Callebaut and Cargill, and create significant synergies.
Tags: business
international
global
deal
Olam to acquire ADM's cocoa business for S$1.7b
2014-12-16 02:31:58| Food - Topix.net
The acquisition establishes Olam as one of the world's top three cocoa processors, the company said in a filing to the Singapore Exchange on Tuesday. SINGAPORE: Mainboard-listed agri-business giant Olam International said on Tuesday it will acquire the global cocoa business of Archer Daniels Midland for US$1.3 billion .
Tags: business
acquire
cocoa
olam