Japan's Marubeni to sell grains business of US unit to Glencore arm for $1.1b

Japan's Marubeni to sell grains business of US unit to Glencore arm for $1.1b

Japanese trading house Marubeni Corp will sell the grains business of its US unit Gavilon to commodities trader Glencore PLC’s Viterra arm for $1.125 billion, plus working capital, Viterra said on Wednesday.

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