date:Apr 03, 2014
pplies grains, oilseeds, vegetable oil and by-products throughout the region from Singapore.
Noble, which is 14 percent owned by sovereign wealth fund China Investment Corp. CIC.UL, also trades sugar, coffee and raw materials, such as iron ore. Its agricultural division is the smallest, and generated revenue of $15.5 billion last fiscal year, accounting for about 16 percent of the firm's total.
Under the terms of the deal, COFCO's $1.5 billion offer serves as an initial cash payment upon closi