date:Apr 17, 2014
Easter came early for the global chocolate makers this year.
Just days before one of the busiest holidays for chocolate sales, Archer Daniels Midland Co (ADM.N) on Tuesday ditched long-running efforts to sell its niche cocoa business, easing concerns that have weighted on the market for months about a possible tie-up with ADM's closest rival.
Minneapolis-based Cargill had been in late-stage talks to buy the business, which spans bean pressing in Abidjan in Ivory Coast to fine chocolate making