Dive Summary:
- Minnesota based food giant Cargill Inc. purchased Joe White Maltings, Australia’s largest malt producer, from Glencore Xstrata for $373 million.
- Joe White Maltings is Asian brewer’s largest malt provider.
- The acquisition represents Cargill’s first investment in Australia.
About the article:
...Cargill Inc. bought Australia's biggest malt producer from rival Glencore Xstrata for $373 million, the Wall Street reports...
