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Share Name | Share Symbol | Market | Type |
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Lehman Abs WA Mut 22 | NYSE:CRG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
U.S. agribusiness giant Cargill said it was abandoning plans to buy Dutch animal-feed maker Nutreco NV (NUO.AE).
Nutreco, which specializes in feed for cattle and salmon and had revenue of 5.2 billion euros in 2013, had accepted a $3.73 billion takeover bid from SHV Holdings, a privately held group controlled by the Fentener van Vlissingen family in the Netherlands.
Cargill, Nutreco said at the time, had intended to break up the company, with Cargill retaining Nutreco's Fish Feed business and private-equity firm Permira taking the animal nutrition business.
Nutreco has called a general meeting of shareholders to discuss the SHV merger proposal for Feb. 9, including proposed changes to its articles of association and supervisory board.
-- Robin van Daalen contributed to this article.
Write to Maria Armental at maria.armental@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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