Marubeni Corporation has entered into an equity interest purchase agreement to acquire all the equity interests of Gavilon Holdings.
Gavilon, headquartered in Omaha, Nebraska (US), owns and operates a US-based grains, fertiliser, and energy commodities distribution and storage network.
Overview of the Transaction Marubeni, through a newly established wholly-owned US subsidiary, will acquire 100% of the direct and indirect equity interests of Gavilon from the current direct and indirect equity interest holders.
The expected equity acquisition price is approximately $3,600m, subject to a purchase price adjustment.
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