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Cargill selling stake in North Star BlueScope Steel for $720 million

2015-10-27 16:52:31| Food - Topix.net

Cargill Inc. has agreed to sell its interest in North Star BlueScope Steel for $720 million, exiting the steel production business. The Minnetonka-based agribusiness giant announced Sunday it is unloading its 50 percent stake to its joint venture partner, BlueScope Steel, which will also assume $40 million in debt.

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