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The U.S. Department of Justice will require Zen-Noh Grain Corp. to divest nine grain elevators so it can acquire 48 elevators from Bunge North America.
Company must divest nine grain elevators so farmers have same number of options in region.
Jun 01, 2021
The Department of Justice announced June 1 that it will require Zen-Noh Grain Corp. (ZGC) to divest nine grain elevators in nine geographic areas located in five states along the Mississippi River and its tributaries in order to proceed with its proposed $300 million acquisition of 35 operating and 13 idled grain elevators from Bunge North America Inc. All access premium subscription
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The Department of Justice announced that it will require Zen-Noh Grain Corp. (ZGC) to divest nine grain elevators in nine geographic areas located in five states along the Mississippi River and its tributaries in order to proceed with its proposed $300 million acquisition of 35 operating and 13 idled grain elevators from Bunge North America Inc.