date:Mar 25, 2014
China National Cereals, Oils and Foodstuffs Corp, known as COFCO and the country's largest food trader, signed an official investment agreement with the Netherlands-based agricultural and commodity trading group Nidera BV on Sunday to acquire 51 percent of its stock and establish a strategic cooperation.
The cooperation is the largest international acquisition in the history of the Chinese agricultural industry. COFCO and Nidera will establish channels to share market information and initiate c