July 25, 2024

Cargill agrees to sell Venezuela unit to local firm, investment fund

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Cargill said on Tuesday it has agreed to sell its Venezuela unit to a group of investors represented by Phoenix Global Investment and local firm Grupo Puig. The sale affects all of Cargill’s activities in the country, including plants that produce flour, pasta, cooking oil, and animal feed, the company said in a statement. Full Text-> Nasdaq

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