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ADM Completes Sale of Global Chocolate Business to Cargill

2015-08-04 09:28:29| Agriculture - Topix.net

Archer Daniels Midland Company today announced that it has completed the sale of its global chocolate business to Cargill. "We are continuing to create shareholder value, whether through profitable growth-such as the recent expansion of our port network and the addition to our corn footprint in Europe-or by divesting businesses for which we don't see a long-term path toward achieving acceptable returns," said CEO Juan Luciano .

Tags: business sale global chocolate

Archer Daniels Midland completes sale of chocolate business

2015-08-03 19:03:21| Food - Topix.net

The companies announced the sale in September. Privately-held Cargill said the deal would strengthen and expand its chocolate business, and Archer Daniels Midland said the sale would allow it to redirect its spending to other areas.

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Archer Daniels Midland completes sale of chocolate business

2015-08-03 18:53:44| Agriculture - Topix.net

Tags: business sale chocolate completes

Enterprise completes $1.5bn Gulf of Mexico asset sale to Genesis

2015-07-27 01:00:00| Offshore Technology

Texas-based midstream energy services company Enterprise Products has completed the sale of its offshore Gulf of Mexico pipelines and services business to Genesis Energy for $1.5bn, in an all cash transaction.

Tags: sale mexico enterprise asset