Marubeni Weighs $5 Billion Deal for U.S. Grain Handler

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 (Reuters) - Japanese trading house Marubeni Corp said it will

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 ...

By James Topham and Emi Emoto TOKYO

Marubeni said it will buy the U.S.'s third-biggest grain handler, Gavilon Group, for $3.6 billion.

Marubeni said it will buy the U.S.'s third-biggest grain handler, Gavilon Group, for $3.6 billion.