Marubeni says to buy Gavilon for $3.6 billion

Marubeni Corp, Japan's fifth-biggest trading house, said on Tuesday it would buy 100 percent of U.S. grain merchant Gavilon Holdings LLC for $3.6 billion. Gavilon is the third-biggest U.S. grain merchant ...

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.

TOKYO/NEW YORK (Reuters) - Japanese tradin

TOKYO/NEW YORK (Reuters) - Japanese trading

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 ...

TOKYO (Reuters) - Japanese trading house Marubeni Corp is to buy U.S.

TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S.

TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S.