Deals Rumor Mill: Cargill, Rio Tinto, Starwood

Law360, New York (October 02, 2013, 1:25 PM ET) -- Cargill Inc. is closing in on a $2 billion deal that would cement its status as one of the world's premier cocoa traders, sources told Reuters on Wednesday. The agriculture titan is in late-stage talks to swallow up the cocoa business of Archer Daniels Midland Co. in a combination that would form a pacesetter in the marketplace. Together, the operations would be well-positioned to compete with Barry Callebaut, the Swiss chocolate maker that currently leads the pack. Cargill, the largest privately held company in the U.S.,...
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