LONDON/ FRANKFURT July 7- U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros to enter the flavouring and the health-conscious food sectors.
LONDON/ FRANKFURT July 7- U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros to enter the flavoring and the health-conscious food sectors.
July 7- U.S. agricultural commodities group Archer Daniels Midland said it is buying food flavors and specialty ingredients company Wild Flavors for 2.2 billion euros in cash and will assume about 136 million euros of net debt. Hans-Peter Wild, son of founder Rudolf Wild, owns 65 percent of the company, while private equity firm KKR owns 35 percent.
April 29- Archer Daniels Midland Co shares tumbled on Tuesday after the agribusiness giant reported that a harsh U.S. winter took a bigger-than-expected bite out of quarterly profits.
April 29- Agribusiness company Archer Daniels Midland Co on Tuesday reported lower-than-expected quarterly earnings as poor margins and harsh U.S. weather hurt its core grain-trading business.
CHICAGO, Feb 25- Archer Daniels Midland Co on Tuesday said its chief executive officer will give up the title of president to the agribusiness company's chief operating officer, effective immediately.
Feb 4- U.S. agribusiness giant Archer Daniels Midland Co said Tuesday it remained committed to expanding its global reach to satisfy Asia's fast-growing demand for food, despite a failed bid to acquire Australian grain handler GrainCorp.
Feb 4- U.S. agricultural processor Archer Daniels Midland Co reported a 27- percent drop in quarterly earnings on Tuesday as charges related to its failed acquisition of GrainCorp overshadowed strength in its corn processing and oilseeds businesses.
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NEW YORK-- Agribusiness conglomerate Archer Daniels Midland, seeking to acquire Graincorp, said Friday that it now owns nearly 15 percent of the Australian grain handler. Archer Daniels Midland Co. purchased a 10 percent stake in GrainCorp Ltd. Thursday night, adding to its existing 4.9 percent holding.