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Cargill and Continental Grain to Complete Acquisition of Sanderson Farms – Money Times

Agribusiness giant Cargill and Continental, an agricultural investment firm, have agreed to buy Sanderson for $4.5 billion in August 2021 (Image: REUTERS/Denis Balibous/File Photo)

A joint venture between Kargil and Continental Grain completed the acquisition of poultry processor Sanderson Farms AmericaThese companies announced on Friday, 22

Agribusiness giant Cargill and Continental, an agricultural investment firm, agreed to buy Sanderson in August 2021 for $4.5 billion.

The deal was not finalized in June as expected due to tighter regulatory frameworks with the meat and poultry industries under the president’s government. Joe Biden.

earlier this week, sources said US Department of Justice Cargill and Continental Grain discussed offers the companies could make to complete the acquisition.

Source: Dow Jones Newswires.

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