AgReport Farm Market News

Subscribe Today!

News Pages

Page One
Grain News
Oilseed
Livestock
Poultry
Cotton & Wool
  Fruit & Vegetables  
Nuts & Honey
Sugar & Spice
Dairy
Technology
General
Organic
  Farm Management  
Corporate News

Links

Privacy Policy
Terms & Conditions

Viterra Buys Dakota Growers Pasta Company

TORONTO - May 5/10 - SNS -- Viterra Inc. completed its purchase of Dakota Growers Pasta Company, Inc.

This gives Viterra an integrated durum mill and pasta production plant in Carrington, North Dakota and a pasta production plant in New Hope, Minnesota.

The deal represents a total enterprise value of USD$240 million, which includes equity value and anticipated net cash/debt at closing, subject to certain adjustments for transaction costs and other closing adjustments.

The all-cash transaction, structured as a tender offer followed by a merger of a Viterra subsidiary and Dakota Growers, was unanimously approved by the Boards of Directors of both companies and originally announced on March 10, 2010.

PageGen v1.0ef

Subscribers get complete access to all articles on the AgReport website and a daily newsletter letting them know about all new stories and other additions to the website. Nearly 2,000 articles per month are added to website, covering all primary agricultural commodity markets. This article count is growing as we add new features to the website. AgReport is one of the most dynamic agricultural market information destinations on the internet. Put our newswire style coverage of international grain, oilseed, livestock, and other primary agricultural markets to work for you.



To subscribe just click on Subscribe Now!



Use of Information

Copyright © 2002-2012 STAT Communications Ltd., Canada. All Rights Reserved. This information may not be republished in part of in full in any form whatsoever without the prior written consent of STAT Communications Ltd. We encourage websites to link back to this or any other public article on our website.



Disclaimer

The information in this article is provided without any warranty of any kind whatsoever. By accessing this service, you agree that STAT Communications Ltd. will not be liable for any expenses, losses or costs that may be incurred by the interpretation and use of the information in this website, nor as a result of the information on this site being inaccurate or incomplete in any way.




Copyright © 2012 STAT Communications Ltd., Canada. All rights reserved.
Send us your comments.
Terms & Conditions  Privacy Policy  Links Directory