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China trader in talks to buy Noble's agri-business

Deal will value division at US$1b: sources
Wednesday, March 5, 2014 - 06:00

[HONG KONG] China's biggest grains trader Cofco Corp is in talks to buy Noble Group's agri-business arm in a deal that would value the division at around US$1 billion, people familiar with the matter said. Acquiring the Noble unit would help China develop a powerful agricultural trading house,

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