Perspective
16 October 2014
Noble Group and Cofco complete agribusiness JV
Region:
Asia-Pacific
Asia-based commodity trading company Noble Group has announced that it has received settlement of its 51% sale of shares in Noble Agri to the Chinese grain trading company China National Cereals, Oils and Foodstuffs Corporation (Cofco), as well as full repayment of a shareholder loan made to Noble Agri. In total, on 15 October Noble Group has received $3.36 billion due to it.
