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Crops, Markets

Marubeni says will exclude Gavilon energy arm in takeover

By aaron-sheldrick, david-sheppard June 10, 2013
Japanese trading house Marubeni Corp. said it will cut Gavilon’s energy business out of its planned takeover of the U.S. commodity merchant, reducing the size of the transaction to US$2.6 billion plus debt. The trading company said in a statement on Monday it had modified the terms of the acquisition that was originally valued at […] Read more

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