Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

EC Clears Grain Deal




BRUSSELS, Belgium -- The European Commission has cleared the acquisition by U.S. agribusiness giant Cargill Inc. of the grain business of archrival Continental Grain Co., a European Union source said Thursday.


An official statement was expected later Thursday.


The two privately held companies handle about 35 percent of the U.S. grain exports.