Merger Plans Growing In The Agricultural Sector
Meanwhile, leading operators of the food industry are trying to use their industry know-how to expand into the asset management industry. Thus, a subsidiary of Archer Daniels Midland (ADM) initiated a fund vehicle with which clients could benefit from rising agricultural commodity prices. This will give the world’s largest grain processor additional revenue streams. Shares of ADM, Ralcorp, ConAgra or other food processing companies remain promising.
Who will be next in the takeover carousel? Here is a table of listed food companies with a market capitalization of more than one billion dollar:
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