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Poultry: the new US national champion is born
Cargill and Continental Grain take over Sanderson Farms
A joint venture between Cargill and Continental Grain will acquire Mississippi poultry giant Sanderson Farms ($ 3.5 billion in revenue in 2020) with an offer of $ 203 per share in cash, equal to a total company valuation of 4.53 billions. Upon completion of the transaction, Cargill and Continental Grain will merge the latter's subsidiary Wayne Farms with Sanderson Farms to form a new (unlisted) US...
EFA News - European Food Agency