16th Sep 2013 14:28
LONDON (Alliance News) - Glencore Xstrata PLC said Monday that it will sell its Dakota Growers Pasta Company to Post Holdings Inc for USD370 million.
Post Holdings will pay in cash, and the acquisition is expected to be completed in January 2014.
Glencore Xstrata is a natural resources company, and its shares were trading up 1.1% at 345.10 pence Monday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2013 Alliance News Limited. All Rights Reserved.
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