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CRG Lehman Abs WA Mut 22

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Share Name Share Symbol Market Type
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
  0.00 0.00% 0.00 -

Cargill Abandons Plans to Buy Nutreco

23/12/2014 6:20am

Dow Jones News


Lehman Abs WA Mut 22 (NYSE:CRG)
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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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