date:Jan 14, 2014
Cargill, an American agribusiness giant, has bought a 5% stake in Ukrlandfarming (ULF), an Ukrainian integrated agricultural firm, for an undisclosed sum.
The move comes as the parties seek to enhance and develop their relationship to achieve significant business opportunities, beneficial to both.
ULF is working with Cargill's grain division to cater to its requirements for grains in Ukraine, while the American firm is providing financial assistance to ULF, which allows it to secure supply.
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