ADM in Talks to Sell Cocoa Business
Date Posted: June 21, 2013
Decatur, IL—Archer Daniels Midland Company (NYSE: ADM) spokesperson Jackie Anderson issued the following statement:
“Consistent with our commitment to create shareholder value, we regularly evaluate strategic options and maintain ongoing dialogue with other agribusiness companies to explore opportunities.
"We are currently engaged in discussions about the potential sale of our cocoa business.
"These discussions are ongoing, and there can be no assurance that they will result in the signing of a transaction or definitive agreement.
"We will communicate further if appropriate.”
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