ADM sets its cap at Bunge

The world’s financial press is reporting that Archer Daniels Midland (ADM) has approached Bunge to discuss a potential takeover, but neither company is commenting on the proposal. The Financial Times, Reuters and Bloomberg all reported over the weekend that ADM is...

Syngenta buys Nidera Seed from COFCO

COFCO International, the Chinese state-owned global grain trading business that acquired Nidera in February this year, has agreed to sell its Nidera Seeds business to Syngenta, subject to regulatory clearances. Financial terms have not been revealed. Nidera Seeds is...

COFCO completes Nidera purchase

COFCO International, the Hong Kong-based multinational grain procurement, trading and processing business, will own 100% of Nidera from the end of February. This follows regulatory approvals for its purchase of a 10% minority stake in Nidera Capital from the Dutch...

COFCO completes Noble Agri purchase

The Chinese state-owned agri-food conglomerate COFCO International has completed its purchase of the remaining 49% share of Noble Agri, to give it 100% of the equity. The business will now trade as COFCO Agri. It has 45 facilities across 29 countries, sipping...