BEIJING -- China's state-owned foodstuffs conglomerate COFCO Corp announced Tuesday the completion of acquisition of controlling stakes in two global agricultural commodities traders.
COFCO said the two investment deals, a 51-percent stake in Netherlands-based grain trader Nidera and a 51-percent stake in the agricultural unit of Hong Kong-headquartered commodities trader Noble Group, have gone through acquisition examinations and completed transaction.
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| COFCO eyes deals for sugar, wine overseas | COFCO buys 51% of Dutch grain trader |
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