Swiss Economicblogs.org
Investec Switzerland. Canada’s largest pension fund agreed to pay $2.5 billion for a minority stake in Glencore Plc’s agriculture unit as the commodity trader and miner works to reduce its debt burden. © Hopsalka | Dreamstime.com Canada Pension Plan Investment Board will acquire a 40 percent stake in the division which handles wheat, corn, barley, biofuels, cotton and sugar, according to a statement on Wednesday. The deal values the entire business at $6.25 billion, below...
Read More »Glencore sells $2.5 billion stake in agriculture unit
