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06
Apr
2016
Glencore sells 40% stake in agricultural business for $2.5blnBy:M&A Glencore said on Wednesday that it had sold 40% of Glencore Agricultural Products (Glencore Agri) to the Canada Pension Plan Investment Board (CPPIB) for $2.5-billion in cash. The distressed diversified natural resource company said it would use the proceeds to pay down debt.
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