Latest news stories from COFCO International.
Day 1 of COFCO International
Today, April 24th 2017, our CEO Johnny Chi will launch COFCO International, a result of Nidera and COFCO Agri joining forces.
Acquisition of Nidera completed
The acquisition of Nidera by COFCO has been completed on 28 February, 2017.
Acquisition Nidera officially approved
COFCO International (“COFCO”) announced today that all required regulatory approvals have been received, allowing COFCO International to acquire the remaining minority stake in Nidera Capital B.V. (“Nidera”), currently held by Cygne B.V. The acquisition brings COFCO International’s ownership in Nidera to 100%.
Patrick Yu on World Economic Forum
Patrick Yu, Chairman of our Supervisory Board, attended the World Economic Forum in Davos last week.
COFCO acquires remaining shares
COFCO Corporation (“COFCO”) announced today that a definitive agreement has been reached whereby COFCO International Ltd. (“COFCO International”) will acquire the remaining minority stake in Nidera Capital B.V. (“Nidera”) currently held by Cygne B.V. (“Cygne”), bringing COFCO International’s ownership in Nidera to 100%. The closing of the transaction, which is subject to regulatory approvals, is anticipated to take place in the fourth quarter of this year.