ADM Set to Unload Gruma Stake

ADM Set to Unload Gruma Stake

Mexico M&A US

Archer Daniels Midland (ADM) has reached a preliminary deal to sell its 23.2% stake in Mexico’s Gruma to ASUR chairman Fernando Chico Pardo, according to an ADM spokeswoman. The price was not disclosed, though the 23.2% stake would be worth approxima

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial