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March 11, 2013
07:47 EDTREX, BIOF, ADM, PEIX, ANDE, STKL, GPRE, BGBrazil planning steep tax cut on ethanol, FT says
Brazilian authorities are preparing to reduce the tax burden on ethanol by nearly 80% in one of the biggest moves yet by the government to support ethanol producers, according to Financial Times, citing the vice-president of Raizen, Brazilís largest seller of sugar and ethanol. Reference Link
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March 2, 2015
17:04 EDTSTKLSunOpta signs definitive agreement to acquire Citrusource
SunOpta announced it has signed a definitive agreement to acquire Citrusource. The acquisition transaction closed contemporaneously with the execution of the definitive agreement. Citrusource is a leading supplier of premium not-from-concentrate private label organic and conventional orange juice and citrus products in the United States with revenues of approximately $30M. They operate a national sourcing and supply operation utilizing a number of processing and packaging partners to serve a variety of well-known retailer customers. The business was acquired for a combination of cash on closing of $13.3M, plus future payments based on specific performance targets, and are subject to certain post-closing adjustments. The acquisition was funded from available credit facilities and is expected to be immediately accretive.
17:02 EDTSTKLSunOpta announces $30M share repurchase program
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17:01 EDTSTKLSunOpta reports Q4 adjusted EPS 6c, consensus 10c
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February 23, 2015
11:29 EDTADMEU investigates Cargill's proposed acquisition of ADM's chocolate business
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February 19, 2015
14:34 EDTBGBunge repeats 2017 EPS target about $8.50
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