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Mars' $36bn Kellanova acquisition faces EU antitrust investigation – Reuters
According to reporting by Reuters, global snack giant Mars’ $36bn takeover bid for Kellanova is set to face a full-scale EU antitrust investigation which could require Mars to divest assets.
ADM to close South Carolina soybean plant amid cost-cutting drive – Reuters
ADM is set to permanently shutter its soybean processing facility in Kershaw, South Carolina later this spring, as part of a broader strategy to streamline operations and reduce costs, according to Reuters.
ADM cuts jobs and shuts down China trading operations amid profit declines – Reuters
ADM has initiated the closure of its domestic trading operations in China, resulting in significant layoffs within its two largest business segment, Ag Services and Oilseeds.