English 
搜索
Hebei Lansheng Biotech Co., Ltd. ShangHai Yuelian Biotech Co., Ltd.

Japanese firm Marubeni to buy Gavilonqrcode

May. 16, 2012

Favorites Print
Forward
May. 16, 2012


Red River Farm Network reports:

Japan's Marubeni is reportedly in advanced talks to buy US grain and energy trader, Gavilon, for about $5.2 billion, including debt.

Sources tell Reuters that Gavilon had debt of $1.7 billion at the end of last year.

Gavilon has the third-largest U.S. grain marketing network in the U.S., and has a large footprint in the U.S. fertilizer market, seven million barrels of crude oil storage and a large oil, grain and ethanol trading unit.

Source: Reuters

0/1200

More from AgroNewsChange

Hot Topic More

Subscribe Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

0/1200

 

NEWSLETTER

Subscribe AgroNews Daily Alert to send news related to your mailbox