TOKYO/NEW YORK (Reuters) - 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, according to people familiar with the matter.
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, ...
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, ...
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.
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 ...