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Glencore assets sale of little interest to graina

2015-10-14 00:53:39| Agriculture - Topix.net

Grain handler G3 Canada Ltd., a joint venture between a Saudi Arabian firm and Bunge Ltd., does not have much interest in bidding for a stake in rival Glencore Plc's agricultural business, its chief executive said on Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered by the commodities slump, is looking to sell a stake in its global grain business to cut about a third of its $30 billion in debt and regain investor trust.

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