02-04-2014 05:50 AM | China

Noble Group to sell stake in agriculture unit for US$1.5b

China's largest grain trader COFCO Corp will buy a 51 per cent stake in Singapore-listed Noble Group Ltd's agriculture business unit for US$1.5 billion, Noble said on Wednesday.

The two companies plan to form a partnership that will link COFCO's grain processing and distribution business with Noble Agri's agricultural unit.
Full Story : Channel News Asia