date:Sep 29, 2013
ng grain MA deals, he cited the example of land purchases in countries such as Brazil, which have ownership restrictions for foreign companies.
In November 2012, COFCO announced plans to invest in overseas MA deals in the next five years, adding that companies in the United States, Australia and countries in Southeast Asia will be major targets.
In 2011, the company took control of Australian sugar producer Tully Sugar Ltd, but it lost a bid for Proserpine Cooperative Sugar Milling Association