中粮将购入来宝农产品业务多数股权（COFCO will acquire a majority stake in noble agricultural products business）.doc

中粮将购入来宝农产品业务多数股权（COFCO will acquire a majority stake in noble agricultural products business） COFCO will acquire a majority stake in noble agricultural products business Bankers said Chinese will be announced so far in the global market of agricultural products on the scale of the biggest investment - COFCO will acquire state-owned enterprises (Cofco) listed in Singapore trader Noble Group (Noble) a majority stake in agricultural products business. Although China is one of the worlds largest buyers of agricultural products, COFCO and other state-owned importers have been limited to the purchase of agricultural products from global trading groups. But several deals revealed Chinas new strategy. If the food to be able to buy directly from farmers in global agricultural products, so it will be with the Amd Archer Daniels Midland Company (Archer Daniels Midland), Bunge group (Bunge), Cargill (Cargill) and Louis Dreyfus (Louis Dreyfus Commodities) and other traders compete. COFCOs full name is Chinas Cereals, Oils Foodstuffs Import and export (Group) Co., Ltd. (China National Cereals Oil and Foodstuffs Corp), is one of the growing number of global dreams of Chinese enterprises. In February, the group bought a majority stake in Nidera, a 94 year old Holland based agricultural products trading group. COFCO is considering a business acquisition in South America and is showing interest in the commodities platform recently sold by Morgan chase (JPMorgan). COFCOs 5 year plan includes overseas acquisitions of $10 billion by 2015. Other targets include increasing annual processing capacity from 50 million tons in 2012 to 77 million tons in 2015. Because of the complexity of the business split, COFCO and noble trading has dragged on for months. It has a wide range of credit and trade business, and has been in discussions about what debt transferred to the new company, it will cooperate with COFCO new management company, and will hold a stake in the new company. The business is v