Text: | Print|

COFCO completes two overseas acquisitions

2014-10-28 15:52 Xinhua Web Editor: Qin Dexing
1

China's state-owned foodstuffs conglomerate COFCO Corp. announced Tuesday the completion of acquisition of controlling stakes in two global agricultural commodities traders.

COFCO said the two investment deals -- a 51-percent stake in Netherlands-based grain trader Nidera and a 51-percent stake in the agricultural unit of Hong Kong-headquartered commodities trader Noble Group, have gone through acquisition examinations and completed transaction.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.