Tuesday 15 April 2014

Cargill expects flour merger with ConAgra to be finalized in 6-8 weeks

To match Feature USA-BIOREFINERY/CARGILL By Rod Nickel WINNIPEG, Manitoba (Reuters) - U.S. agribusiness Cargill Inc expects the merger of its flour mill operations with those of ConAgra Foods Inc to be finalized in six to eight weeks after it clears a longstanding regulatory hurdle, Cargill Executive Chairman Greg Page said on Tuesday. The combined entity, to be called Ardent Mills, would join ConAgra's milling operations with Horizon Milling LLC, which is a joint venture of privately held Cargill and U.S. farm cooperative CHS Inc . The deal was announced in March 2013 and was initially expected to be finalized late last year. ...




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