ADM Boosts Stake in Asian Agribusiness Wilmar International
21 October 2015 - 11:12AM
Dow Jones News
By Gaurav Raghuvanshi
SINGAPORE--Wilmar International Ltd. (F34.SG) on Tuesday said
Archer Daniels Midland Co. (ADM) has raised its stake in the
Singapore-listed commodities supplier.
Archer Daniels Midland bought 22% of the total Wilmar shares
sold on Tuesday, and will separately announce details, Wilmar said
in response to a query from Singapore Exchange on unusual trading
volume in its shares.
Wilmar didn't say how many shares Archer Daniels Midland bought,
nor did it say how much of Wilmar it now owns. Wilmar's shares
closed 8.9% higher at S$3.17 on Tuesday.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
-0
(MORE TO FOLLOW) Dow Jones Newswires
October 20, 2015 19:57 ET (23:57 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
Wilmar (PK) (USOTC:WLMIY)
Historical Stock Chart
From Nov 2024 to Dec 2024
Wilmar (PK) (USOTC:WLMIY)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Wilmar International Ltd (PK) (OTCMarkets): 0 recent articles
More Wilmar International, Ltd. (PC) News Articles