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On Nov. 2, $ADM closed purchase of remaining interest of Eaststarch C.V., for about $265MM. In Oct. 16, $ADM closed purchase of Eatem Foods for $160MM and closed on sale of its global cocoa business to Olam International for about $1.2Bil. In Oct., $ADM increasing ownership interest to 18.5% by buying 9.3MM additional shares in Wilmar.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?