Marubeni's $3.6B Deal w/ Gavilon Group Has Sector Moving (AGU) (POT) (UAN) (MON)

Article Stock Quotes (9) Comments (0)

Seed companies might be on watch following the massive acquisition of one of the industry's largest grain merchandiser in the U.S.

According to reports out Tuesday, Gavilon Group is in a acquisition deal with Japan's Marubeni Corp. for about $3.6 billion. Core capabilities include origination, storage and handling, transportation and logistics and marketing and distribution or grains and oilseeds, potash-, phosphate-, and nitrogen-based products, as well as feed ingredients.

Moving today include:

• Monsanto (NYSE: MON);
  
• Syngenta (NYSE: SYT);
  
• Potash (NYSE: POT);
  
• Mosaic (NYSE: MOS);
  
• Agrium (NYSE: AGU);
  
• Rentech Nitrogen (NYSE: RNF);
  
• CVR Partners (NYSE: UAN);
  
• Intrepid Potash (NYSE: IPI); and
  
• CF Industries (NYSE: CF).

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Yahoo! (YHOO) Board Said to Approve $1.1B Tumblr Deal
• Amid Flaws, ING U.S. (VOYA) is Too Cheap to Pass On - Barron's
• Warner Chilcott plc (WCRX) Halted News Pending

Create E-mail Alert Related Categories

Insiders' Blog, Mergers and Acquisitions

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?