Agrium bought AWB Limited on 3 December 2010 and is selling only the AWB Commodity Management business to Cargill. The sales agreement is subject to various regulatory approvals.
The acquisition will include the former AWB grain marketing and pool operations, international grain trading businesses, grain distribution and storage assets as well as other international operations. Cargill aims to receive regulatory approval and complete the acquisition in the first half of 2011.
Source: Cargill
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