China's CITIC closes $1.1b Brazil takeover of Dow's corn seed biz

China's CITIC closes $1.1b Brazil takeover of Dow's corn seed biz

The Dow logo is seen at the entrance to Dow Chemical headquarters in Midland, Michigan May 14, 2015. REUTERS/Rebecca Cook/File Photo

China’s CITIC Agri Fund said on Friday it had completed its $1.1 billion acquisition of Dow Chemical Co‘s corn seed business in Brazil, a potential vehicle for future purchases in Latin America.

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