Japan's Marubeni buys US grain giant Gavilon

Tue, 05/29/2012 - 08:05 EDT - France24.com - Business

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Japanese trading house Marubeni Corp. said Tuesday it has agreed to buy US grain giant Gavilon LLC for about $3.6 billion in the largest cross-border move by a Japanese company this year.By acquiring the US firm, Marubeni "will achieve a total dealing amount of more than 55 million tonnes worldwide and further strengthen its competitiveness of grain trade," it said in a statement.

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Japan's Marubeni says to buy Gavilon for $3.6 billion
TOKYO (Reuters) - Japanese trading house Marubeni Corp is to buy U.S. grains merchant Gavilon for $3.6 billion excluding debt, the company said on Tuesday, confirming an earlier Reuters report. Gavilon is the third-biggest U.S. grain merchant in terms of the size of its marketing network, behind Archer Daniels Midland and Cargill, and also has large energy and fertilizer trading assets. Marubeni, Japan's fifth-largest trading company, had been in advanced talks to buy Gavilon since early May. People familiar with the matter told Reuters previously that Marubeni had offered to pay around $5.
Exclusive: Marubeni nears $5 billion-plus Gavilon deal: sources
TOKYO/NEW YORK (Reuters) - Japanese tradin
Marubeni nears $5 billion-plus Gavilon deal: sources
TOKYO/NEW YORK (Reuters) - Japanese trading
DealBook: Marubeni of Japan to Buy Gavilon for $3.6 Billion
The Japanese trading house has agreed to buy the grain merchant Gavilon Group for $3.6 billion, as Marubeni looks to gain access to American agriculture markets.
Japan's Marubeni says to buy Gavilon for $3.6 billion
Japanese trading house Marubeni Corp is to buy U.S. grains merchant Gavilon for $3.6 billion excluding debt, the company said on Tuesday, confirming an earlier Reuters report. Gavilon is the third-biggest ...
Japan's Marubeni says to buy Gavilon for $3.6 billion
TOKYO (Reuters) - Japanese trading house Marubeni Corp is to buy U.S.
Exclusive: Marubeni nears $5 billion-plus Gavilon deal: sources
TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S.
Exclusive: Marubeni nears $5 billion-plus Gavilon deal: sources
Japanese trading house Marubeni Corp is nearing a deal to buy U.S. grains merchant Gavilon for more than $5 billion including debt and could announce the transaction as early as Tuesday afternoon in Tokyo, ...
Marubeni nears $5 billion-plus Gavilon deal: sources
TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S.
Marubeni nears $5 billion-plus Gavilon deal: sources
Japanese trading house Marubeni Corp is nearing a deal to buy U.S. grains merchant Gavilon for more than $5 billion including debt and could announce the transaction as early as Tuesday afternoon in Tokyo, ...

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Japan's Marubeni buys US grain giant Gavilon

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