Noble Group and Cofco complete agribusiness JV
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.
Hello stranger, fancy seeing you here…
Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
- Daily news and analysis from our TXF experts
- Access to TXF data dashboards and Smart Search
- Market reports and bi-annual long reads
- And much much more…
Sign in to post a comment. If you don't have an account register here.