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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 -

Glencore Xstrata to Sell Joe White Maltings to Cargill for Undisclosed Sum

05/08/2013 7:37am

Dow Jones News


Lehman Abs WA Mut 22 (NYSE:CRG)
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LONDON--Commodities company Glencore Xstrata PLC (GLEN.LN) Monday confirmed that it has entered into an agreement to sell Joe White Maltings, Adelaide, Australia, to Cargill Incorporated.

MAIN FACTS:

-Joe White was acquired by Glencore as part of the Viterra acquisition.

-Sale is subject to standard regulatory approvals and satisfaction of other customary closing conditions and is expected to close by the end of fourth quarter.

-No financial details of the sale were disclosed.

-Shares of Glencore Xstrata on Friday closed at 288 pence, valuing the company at GBP38.18 billion.

-Write to Tapan Panchal at tapan.panchal@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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