date:Jul 07, 2014
Archer-Daniels-Midland Co. (ADM) is nearing an agreement to buy Wild Flavors GmbH, a maker of natural food ingredients backed by KKR Co., for about 2.5 billion euros ($3.4 billion), people familiar with the matter said.
ADM outbid Japanese rival Ajinomoto Co. (2802) for the privately owned maker of the Capri Sun juice drink and natural flavorings for beverage and food, the people said, asking not to be named as the matter isnt public. While a deal may get announced in coming days, a final deci