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Japan’s Marubeni buys US grain giant Gavilon for $3.6 bln

Posted on 30 May 2012

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………………………………………..Full Article: Source


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